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Queens Road, Beeston, NG9 2BD

East Midlands

£260,000
Listed on 25/05/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
908 sqft

Description

This four-bedroom semi-detached house in Beeston represents a noteworthy opportunity for renovation enthusiasts and investors alike. Currently operating as a House of Multiple Occupation (HMO), the property is in need of comprehensive refurbishment, making it an ideal blank canvas for those looking to add value through renovations. The home features spacious rooms, including four double bedrooms—one conveniently located on the ground floor that benefits from a bright bay window, along with three additional bedrooms on the upper floor. A generously sized kitchen and dining area offers ample potential for modernisation, while a three-piece bathroom serves the first-floor bedrooms. The property also boasts a private rear garden that allows for landscaping improvements and the possibility of off-street parking, subject to necessary approvals. Located on Queens Road, this home is just a short walk from Beeston town centre, which offers a variety of amenities such as supermarkets, restaurants, and shops. Its close proximity to key local institutions like The University of Nottingham and Boots HQ enhances its attractiveness for both student rentals and professional tenants. With significant scope for enhancement and investment potential in a sought-after location, this property should not be overlooked by those seeking their next project.

Investment Analysis

(NG9 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£286/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£355
Avg Yield
6.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£292,249
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG9)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -1.3%
5 year growth: 21.2%
Investment Disclaimer: Analysis based on NG9 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

Queens Road, Beeston, NG9 2BD
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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
£952
Based on a loan of £195,000 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