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Vernon Road, Nottingham NG6

East Midlands

£100,000
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
Terraced House

Description

Presenting an unmissable investment prospect, this three-bedroom mid-terrace property in Old Basford, Nottingham, is ideal for those looking to undertake a full renovation. With no upward chain, this home offers a complete blank canvas waiting for your vision and creativity to enhance its living space. The ground floor features two spacious reception rooms that provide flexible options for layout, alongside a kitchen area that connects to a ground floor bathroom. Upstairs, the property includes three bedrooms, with potential to reconfigure into a more spacious two-bedroom layout by relocating the bathroom. The private rear garden invites opportunities for landscaping and outdoor improvements while on-street parking at the front adds convenience. Located in a well-established residential area, the property is within easy reach of essential amenities such as local shops, schools, and transport links that connect directly to Nottingham city centre. This area's popularity ensures strong demand from both homeowners and tenants alike, making it an excellent choice for buy-to-let investors or those looking to flip properties for profit. Overall, this property represents significant renovation potential in a desirable location—early viewing is advised to explore its possibilities thoroughly.

Investment Analysis

(NG6 area)
Area Average
£215/sq ft
Avg Rent (weekly)
£215
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG6)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +6.7%
5 year growth: +27.3%
Investment Disclaimer: Analysis based on NG6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Vernon Road, Nottingham NG6
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£354
Based on a loan of £75,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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