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Ball Street, St Ann's, Nottingham, NG3

East Midlands

£85,000
Listed on 26/09/2025

Property Details

Bedrooms
1
Type
Terraced house
Area
486 sqft

Description

This one-bedroom property in the St Ann's area presents a solid opportunity for renovation and investment. Conveniently situated with easy access to the City Centre, it offers both a residential charm and potential for capital growth. The ground floor features a spacious reception room that leads into a functional kitchen equipped with an array of base and wall units. A door provides direct access to a small cellar, which houses essential utilities. The rear yard, although modestly paved, has potential for landscaping or creating an outdoor seating area. Upstairs, you will find a well-proportioned double bedroom bathed in natural light from the front-facing window. This space includes a gas boiler tucked away in one corner. Adjacent is a small box room that could serve various purposes, such as additional storage or home office space. The bathroom includes standard fittings—sink, W.C., and bath—with a window overlooking the rear. While the property requires updating, this aspect can be turned into an advantage for an owner-occupier looking to customize their living space or an investor seeking to enhance its market value through renovation. Additionally, the presence of solar panels indicates some energy efficiency benefits, appealing to environmentally conscious buyers. St Ann's is known for its community feel and accessibility to amenities and public transport links, making this property an interesting option for those looking to invest in a developing area. With thoughtful updates, this home can significantly increase its appeal and value within the housing market.

Investment Analysis

(NG3 area)

Below Market Value

This property is priced -28.5% below area average per sq ft

-28.5%
Potential saving
This Property
£175/sq ft
Area Average
£245/sq ft
Avg Rent (weekly)
£222
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£8,500 - £21,250
10-25% of property value
Target Value
£130,817
10% above area average per sq ft
Potential ROI
+23.1%
After renovation
Monthly Sales
40
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NG3)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 2.8%
5 year growth: 26.8%
Investment Disclaimer: Analysis based on NG3 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

Ball Street, St Ann's, Nottingham, NG3
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