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Aspley Lane, Nottingham, NG8

East Midlands

£240,000
Listed on 18/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1102 sqft

Description

This three-bedroom home presents a fantastic opportunity for those looking to invest in a property with significant potential in Nottingham. Featuring two spacious reception rooms and a fitted kitchen, the layout is practical and functional, just waiting for personal touches to bring it to life. While the interiors may be dated, the character and charm of this house offer a blank slate for renovation enthusiasts or first-time buyers eager to make their mark. With a garage included, there's ample space for storage or further development. Located in a sought-after area near local amenities, schools, and transport links, this property is not only promising in terms of space but also situates you well for future growth. This house beckons visionaries ready to transform it into something truly special.

Investment Analysis

(NG8 area)

Below Market Value

This property is priced -18.0% below area average per sq ft

-18.0%
Potential saving
This Property
£218/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£276
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£322,082
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
66%
Properties sold annually

Local Market Trend (NG8)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +6.5%
5 year growth: +13.3%
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

Aspley Lane, Nottingham, NG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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