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Harrow Road, Nottingham, Nottinghamshire, NG8 - Image 1
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Harrow Road, Nottingham, Nottinghamshire, NG8

East Midlands

£450,000
Listed on 01/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1140 sqft

Description

This three-bedroom detached home is situated on one of Wollaton's most desirable streets, offering an ideal blend of comfort, space, and potential for renovation. With a smart exterior and off-road parking, the property presents a welcoming facade that hints at the possibilities within. Upon entering, you are welcomed by a spacious hallway that leads to a bright lounge-diner, a versatile area suitable for everyday family life as well as hosting gatherings. Natural light floods in through large windows, creating an inviting atmosphere throughout. The kitchen is equipped with integrated appliances and streamlined countertops, designed for efficient use and practicality. A convenient ground floor WC enhances functionality, and the layout flows seamlessly from one room to another. On the upper level, you'll find three well-sized bedrooms that offer comfortable living spaces. The family bathroom is contemporary and finished to a good standard, catering to modern lifestyles. A notable feature of this home is its expansive rear garden—a private outdoor retreat that provides ample space for both relaxation and potential enhancement. With significant room available for expansion (subject to planning permission), there’s tremendous opportunity to create an open-plan kitchen/living space or additional accommodation tailored to your needs. Location adds further appeal to this property. Just a short distance from Wollaton Hall & Deer Park, residents can enjoy immediate access to green spaces perfect for morning walks or leisurely weekends. The home falls within the catchment areas of reputable schools such as Fernwood Secondary School and Middleton Primary and Nursery School, making it an attractive option for families. Convenience is also key here; local shops, cafés, and supermarkets are within walking distance while Nottingham City Centre is easily accessible. Commuters will appreciate the proximity to major transport links including the M1 motorways at junctions 25 and 26. Overall, this property stands out not only for its immediate comfort but also for its significant potential as a long-term investment in a thriving community that offers both tranquility and accessibility.

Investment Analysis

(NG8 area)

Above Market Value

This property is priced +46.4% above area average per sq ft

+46.4%
This Property
£395/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£45,000 - £112,500
10-25% of property value
Target Value
£338,204
10% above area average per sq ft
Potential ROI
-39.9%
After renovation
Monthly Sales
41
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (NG8)

Area prices are rising by +5.8% over the last 12 months
3 year growth: 7.6%
5 year growth: 26.5%
Investment Disclaimer: Analysis based on NG8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Harrow Road, Nottingham, Nottinghamshire, NG8
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