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38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 1
38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 2
38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 3
38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 4
38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 5
38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 6
38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 7
38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU - Image 8

38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU

East Midlands

£90,000
Listed on 18/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
799 sqft

Description

This two-bedroom terrace property offers a compelling opportunity for renovation in a convenient location, situated between Colwick Road and Whittier Road, just a short distance from Eastpoint Retail Park. Its proximity to local amenities enhances its appeal, making it an attractive option for potential investors or homeowners looking to personalize their space. The home features gas central heating and double glazing, providing a solid foundation for updates and improvements. While the property is currently in need of modernization, this presents a unique chance to revitalize the interior according to your tastes while potentially increasing its market value. The ground floor comprises an entrance hall that leads into two reception rooms, offering flexibility in layout and design. The kitchen area provides additional scope for renovation, whether you decide to create an open-plan living space or maintain traditional dining areas. On the first floor, you will find two bedrooms accompanied by a bathroom. Both rooms are well-proportioned and provide ample natural light, which could be enhanced further with thoughtful renovations. Outside, the property includes a rear garden accessible via shared side access, presenting opportunities for landscaping or outdoor enhancements. As this property is being sold on a freehold basis at auction, it's essential to note that no pre-auction offers will be entertained. Additionally, prospective buyers should be prepared for associated legal and auctioneer fees. With an Energy Performance Certificate rating of 57 (Band D), there is potential to improve energy efficiency through updates to fixtures and insulation. This property not only represents an inviting challenge for those looking to invest in real estate but also offers significant potential for capital appreciation through smart renovations.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -62.9% below area average per sq ft

-62.9%
Potential saving
This Property
£113/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£242
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£9,000 - £22,500
10-25% of property value
Target Value
£266,790
10% above area average per sq ft
Potential ROI
+137.1%
After renovation
Monthly Sales
51
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (NG2)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 13.4%
5 year growth: 54.8%
Investment Disclaimer: Analysis based on NG2 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

38 Ladysmith Street, Sneinton, Nottingham, NG2 4AU
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