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Annesley Road, Hucknall, NG15 - Image 1
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Annesley Road, Hucknall, NG15

East Midlands

£100,000
Listed on 07/12/2025

Property Details

Bedrooms
1
Type
Terraced house

Description

This former commercial property offers a unique opportunity for investors or renovators looking to transform it into residential units. Located on the outskirts of Hucknall town centre, the building features a ground floor shop space with an adjoining store and additional rooms, accessible from a rear entrance. The upper levels include a landing, lounge, kitchen, bathroom, and a spacious double bedroom on the second floor, making it suitable for conversion into apartments or other residential configurations. Notably, the property contains a large cellar that adds potential for further development or storage. While the interior is in need of modernization throughout, this presents a blank canvas for those willing to invest in its renovation. With no onward chain, it's ready for new ownership and creative redevelopment.

Investment Analysis

(NG15 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.5%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on NG15 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

Annesley Road, Hucknall, NG15
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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
£366
Based on a loan of £75,000 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