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Bulwell Lane, Basford, Nottingham, NG6

East Midlands

£110,000
Listed on 05/08/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced property presents a compelling opportunity for renovation and investment. Ideally positioned in an area with strong public transport links, it offers convenient access to surrounding amenities and local attractions, enhancing its appeal for future tenants or buyers. The layout includes two reception rooms, providing options for both living and dining spaces that can be tailored to suit various lifestyles. A single kitchen serves as a functional hub for meal preparation, complemented by a dedicated bathroom. While the property requires considerable refurbishment, this aspect allows for customization according to modern preferences. Investors will find potential in transforming the space to increase its value significantly. The current Energy Performance Certificate (EPC) rating of D suggests there is room for improvement in energy efficiency with the right upgrades. Additionally, the council tax band A designation indicates lower annual costs, making it an economical choice for future occupants. The existing structure lends itself to modifications that can elevate its marketability and rental income. Given its strategic location and renovation potential, this terraced home represents a solid investment opportunity. It’s advisable to arrange a viewing to fully explore the possibilities this property has to offer.

Investment Analysis

(NG6 area)
Area Average
£207/sq ft
Avg Rent (weekly)
£220
Avg Yield
6.4%

Renovation Potential

Est. Renovation Cost
£11,000 - £27,500
10-25% of property value
Monthly Sales
25
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (NG6)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 11.7%
5 year growth: 32.8%
Investment Disclaimer: Analysis based on NG6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Bulwell Lane, Basford, Nottingham, NG6
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