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Garsdale Drive, Nottingham

East Midlands

£310,000
Listed on 25/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1043 sqft

Description

This detached house in Silverdale presents an excellent opportunity for those looking to invest in a property with significant renovation potential. While the interior requires modernisation, it boasts a well-sized layout spread over two floors, providing ample space for reconfiguration and personalization. Upon entry, you are greeted by a practical hallway that leads to the main reception areas and kitchen. The spacious lounge features a fireplace and flows into the adjoining dining area, creating a versatile living space. The kitchen is fitted with integrated appliances and includes access to a conservatory, which offers a bright transition to the expansive rear garden. The first floor comprises three generously-sized bedrooms that can be easily updated to meet contemporary standards. A modern shower room caters to these bedrooms, complemented by a separate WC for added convenience. One of the standout features of this property is its large rear garden, meticulously maintained by the current owners. The garden offers a lush lawn surrounded by various plants and flowers, along with a patio area suitable for outdoor entertaining. Additionally, due to its size and layout, there is substantial potential for extension or landscaping projects (subject to necessary planning permissions). Situated in close proximity to local shops, tram services, and highly regarded schools, this property not only promises comfort but also serves as an investment opportunity in an area with solid amenities and growth potential. With thoughtful renovations, this home can truly reflect personal style while increasing its value in the long run.

Investment Analysis

(NG11 area)

Above Market Value

This property is priced +10.7% above area average per sq ft

+10.7%
This Property
£297/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£308,050
10% above area average per sq ft
Potential ROI
-12.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG11)

Area prices are falling by +3.6% over the last 12 months
3 year growth: -4.5%
5 year growth: 31.8%
Investment Disclaimer: Analysis based on NG11 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

Garsdale Drive, Nottingham
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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
£1,136
Based on a loan of £232,500 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