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Windermere Road, Nottingham, NG7

East Midlands

£115,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
710 sqft

Description

This two-bedroom property in the Forest Fields area presents an excellent opportunity for those looking to invest in a renovation project. With two spacious reception rooms, a kitchen, a bathroom, and two generously sized double bedrooms, this home is primed for modernization. The rear courtyard adds potential for outdoor space, and the cellar provides additional storage or development possibilities. Conveniently located near local amenities such as Asda Supermarket and well-connected through public transport links to the City Centre and surrounding areas, this property would appeal to both owner-occupiers and investors aiming to create value through refurbishment.

Investment Analysis

(NG7 area)

Below Market Value

This property is priced -27.4% below area average per sq ft

-27.4%
Potential saving
This Property
£162/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£358
Avg Yield
9.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£174,124
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -3.8%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on NG7 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

Windermere Road, Nottingham, NG7
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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
£415
Based on a loan of £86,250 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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