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Rivermead, Wilford Lane, West Bridgford

East Midlands

£125,000
Listed on 11/07/2025

Property Details

Bedrooms
3
Type
Flat
Area
949 sqft

Description

This well-proportioned first-floor apartment in the Rivermead development presents a noteworthy opportunity for renovation and investment in the desirable West Bridgford area. With three bedrooms and an expansive living room, this home offers plenty of space suitable for families or individuals seeking additional room for a home office. One of the standout features is the internal balcony, which enhances the living space by providing a unique indoor-outdoor experience with pleasant views of the river. The property includes convenient parking, adding to its overall practicality. While this apartment requires refurbishment, it allows for a fresh canvas where you can bring your vision to life. The potential to tailor the interior to meet personal style and functionality is significant, making it an enticing project for those looking to invest and enhance its value over time. The location further complements this offering, with easy access to scenic river walks and local amenities that West Bridgford is known for. Additionally, the property benefits from double glazing throughout and is offered with no onward chain, simplifying the purchasing process. This apartment’s blend of space, location advantages, and investment potential makes it a compelling option for both first-time buyers eager to create their ideal home and seasoned investors looking to capitalize on a promising opportunity.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -57.6% below area average per sq ft

-57.6%
Potential saving
This Property
£132/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£324,079
10% above area average per sq ft
Potential ROI
+109.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 7.6%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on NG2 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

Rivermead, Wilford Lane, West Bridgford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£458
Based on a loan of £93,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE