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Philip Avenue, Eastwood, Nottingham, NG16 - Image 1
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Philip Avenue, Eastwood, Nottingham, NG16

East Midlands

£240,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This two-bedroom semi-detached property presents a promising opportunity for renovation and investment, nestled in a desirable neighborhood known for its family-friendly amenities. It is conveniently located near schools, shops, public parks, and transport links, making it an attractive option for both new homeowners and potential renters. Upon entering, you'll find an entrance porch that leads into a welcoming hall with stairs to the first floor. The spacious lounge features a large UPVC double-glazed window that invites natural light, alongside a cozy feature fireplace that provides an inviting atmosphere. This area flows seamlessly into the dining room, which offers sliding patio doors leading to the rear garden—a valuable feature for future gatherings or family activities. The kitchen is equipped with functional wall and base units and has ample space for essential appliances, including a gas hob and washing machine. With some updates and modernizations, this kitchen could become a central hub of the home. Off the kitchen is a practical storm porch that connects to the garage. On the upper floor, the two bedrooms are well-sized and include UPVC double-glazed windows to provide good ventilation and light. The bathroom features essential amenities—a three-piece suite comprising a WC, pedestal sink, and bath with an electric shower—offering immediate functionality but also presenting potential for contemporary upgrades. Outside, the property boasts a sizable tarmac driveway leading to the single garage, enhancing convenience for parking or additional storage needs. The private rear garden features various zones perfect for relaxation or play; with thoughtful landscaping or extensions (subject to planning permissions), this area could significantly increase outdoor living space. Overall, this property offers substantial renovation potential while being situated in an area that supports growth in property value. Whether you are looking to invest or create your ideal home through refurbishment, this property stands out as a solid choice with plenty of possibilities.

Investment Analysis

(NG16 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG16)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 5.7%
5 year growth: 27.5%
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

Philip Avenue, Eastwood, 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
£879
Based on a loan of £180,000 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