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39 St. Leonards Drive, Nottingham, Nottinghamshire, NG8 2BB - Image 1
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39 St. Leonards Drive, Nottingham, Nottinghamshire, NG8 2BB

East Midlands

£250,000
Listed on 17/05/2026

Property Details

Bedrooms
3
Type
Detached House
Area
850 sqft

Description

This three-bedroom detached house presents a promising opportunity for renovation and investment. Although it requires a significant refurbishment, it offers ample space across two floors including two reception rooms, a kitchen, and three bedrooms on the upper level along with a bathroom and separate WC. The property's configuration allows for potential side and rear extensions, pending necessary permissions, which could significantly enhance both living space and value. Located on a residential road within easy reach of local shops and the expansive Wollaton Park, as well as convenient transport links via Nottingham rail station, this property is situated in an area that benefits from good amenities. Additionally, it features front and rear gardens, off-street parking, and a garage. This property is being offered vacant, making it ideal for buyers looking to project their vision into its renovation.

Investment Analysis

(NG8 area)

Above Market Value

This property is priced +10.1% above area average per sq ft

+10.1%
This Property
£294/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£283
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£249,692
10% above area average per sq ft
Potential ROI
-16.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NG8)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +5.7%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on NG8 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

39 St. Leonards Drive, Nottingham, Nottinghamshire, NG8 2BB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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