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Milton Drive, Ravenshead, Nottingham

East Midlands

£400,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

Situated in the established neighbourhood of Ravenshead, Nottingham, this charming detached house from the 1960s holds significant potential for those looking to invest in a property that can be transformed into a modern family home. Boasting five bedrooms and multiple reception spaces, it provides ample room for reconfiguration according to contemporary living standards. The welcoming entrance hallway opens up to a spacious dining room and a versatile living area that flows seamlessly throughout the ground floor, ideal for both gatherings and day-to-day life. The kitchen is functional yet offers opportunities for upgrades with its current layout. A convenient ground-floor fifth bedroom can easily adapt to serve as an office or guest suite. Upstairs, four additional bedrooms await, all of which would benefit from refreshing updates to fully enhance their appeal and functionality. The bathroom also presents an opportunity for modernization. Externally, the property features off-street parking and two garages that could be converted into additional storage or workshop space. The generous south-facing garden is perfect for outdoor activities and could be further enhanced with landscaping to create an inviting retreat. This property not only offers spacious accommodation but also the chance to add value through thoughtful renovations.

Investment Analysis

(NG15 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£214
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.4%
5 year growth: +14.5%
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

Milton Drive, Ravenshead, Nottingham
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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
£1,443
Based on a loan of £300,000 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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