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Grange Park, West Bridgford, Nottinghamshire, NG2

East Midlands

£275,000
Listed on 30/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1215 sqft

Description

This three-bedroom detached bungalow presents an excellent renovation opportunity in a desirable East Midlands location. The property is set on a substantial plot, making it ideal for both investors and those looking to embark on a personal project. With potential for development—such as extensions or a loft conversion—this bungalow offers versatility and future value enhancement (STPP). The layout includes a spacious entrance hall, sizeable living room, kitchen with essential utilities, three well-proportioned bedrooms, a bathroom, and a separate WC. Additional features include front, rear, and side gardens along with a driveway leading to a double garage currently used for storage purposes. A summer house adds extra outdoor appeal. Please note that previous structural work has been conducted with appropriate certification provided; buyers are encouraged to conduct their own due diligence prior to bidding.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£226/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£414,916
10% above area average per sq ft
Potential ROI
+31.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 7.6%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on NG2 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

Grange Park, West Bridgford, Nottinghamshire, NG2
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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
£1,007
Based on a loan of £206,250 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