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Stoney Lane, Selston, Nottingham, NG16 - Image 1
Stoney Lane, Selston, Nottingham, NG16 - Image 2
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Stoney Lane, Selston, Nottingham, NG16

East Midlands

£230,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This appealing three-bedroom bungalow is set amidst a semi-rural environment, providing a tranquil atmosphere while remaining close to essential amenities. Positioned on a spacious plot with generous parking, the layout includes a functional kitchen that opens into a dining area, a comfortable living room, and three bedrooms along with a shower room. With its classic structure, this property presents significant potential for renovation and customization, making it an ideal project for those looking to invest in their forever home. The surrounding location of Selston boasts local shops, public transport options, and scenic countryside walks for leisurely pursuits. Whether you choose to modernize the interiors or expand the living space further, this bungalow offers an exciting opportunity for investment in a desirable area.

Investment Analysis

(NG16 area)
Area Average
£238/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 5.2%
5 year growth: 26.3%
Investment Disclaimer: Analysis based on NG16 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

Stoney Lane, Selston, Nottingham, NG16
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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
£843
Based on a loan of £172,500 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