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Toston Drive, Wollaton Park, Nottingham - Image 1
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Toston Drive, Wollaton Park, Nottingham

East Midlands

£230,000
Listed on 07/02/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
710 sqft

Description

This semi-detached bungalow features two bedrooms and offers a significant opportunity for renovation and customization. With both front and rear gardens, the property is well-situated in a desirable neighborhood that boasts easy access to local amenities, educational institutions, and transport links to Nottingham City Centre. The layout begins with an inviting entrance porch leading into a central hallway that connects to all main areas of the home. The spacious living room includes sliding doors that open up to the dining area, creating a flexible space ideal for relaxation or gatherings. The kitchen, though in need of modernization, presents ample potential for creative upgrades and personal design choices. Two generously sized double bedrooms provide comfortable living spaces, while the shower room is functional yet also offers options for improvement. On-street residential parking enhances convenience for both homeowners and visitors. Investors or those looking to create their dream home will recognize the value in this property's potential. Its location near quality primary and secondary schools adds appeal for families, while nearby shops and services make daily life more accessible. This bungalow is offered with no upward chain, facilitating a smoother transition for potential buyers ready to embark on their renovation journey.

Investment Analysis

(NG8 area)

Above Market Value

This property is priced +20.7% above area average per sq ft

+20.7%
This Property
£324/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£307
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£209,620
10% above area average per sq ft
Potential ROI
-19.4%
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

Toston Drive, Wollaton Park, 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
£843
Based on a loan of £172,500 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