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Field House Close, Wollaton, NG8

East Midlands

£325,000
Listed on 13/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1143 sqft

Description

This property is situated in a peaceful cul-de-sac, offering potential buyers both tranquility and convenience. With off-street parking for multiple vehicles and a detached garage, the home provides ample space for both residents and visitors. Located in Wollaton, the property benefits from excellent transport links and is within close proximity to local amenities. The area offers easy access to bus routes that connect directly to the City Centre and surrounding neighborhoods, enhancing its appeal for families and commuters alike. The layout includes an entrance hall leading into three spacious double bedrooms, making it suitable for families or those needing extra space. A generously sized living room features double doors that open onto the garden, creating an inviting connection between indoor and outdoor living spaces. The kitchen is positioned at the rear of the property, leading to a bathroom with a separate WC—a feature that adds functional value. Outdoors, the front garden is primarily laid to lawn and complemented by a driveway that provides access to the detached garage. The rear garden presents a lovely enclosed space with both patio and lawn areas, ideal for gardening enthusiasts or those looking to create an outdoor retreat. While this bungalow offers a comfortable living environment as-is, it also holds significant renovation potential. Buyers may consider updating interiors or reimagining outdoor spaces to enhance functionality or modernize aesthetics—an exciting opportunity for investors or homeowners with vision. This property awaits its next chapter, ready to be tailored into a family home or a lucrative investment.

Investment Analysis

(NG8 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£284/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£307
Avg Yield
5.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£337,459
10% above area average per sq ft
Potential ROI
-0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG8)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 8.2%
5 year growth: 21.9%
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

Field House Close, Wollaton, NG8
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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
£1,191
Based on a loan of £243,750 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