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Carnarvon Street, Nottingham, NG4 - Image 1
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Carnarvon Street, Nottingham, NG4

East Midlands

£140,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
714 sqft

Description

This two-bedroom home presents a promising opportunity for those looking to invest in a property with significant renovation potential. Currently in need of modernization, it offers a blank canvas for first-time buyers or investors seeking to add value through updates and improvements. The ground floor welcomes you with a spacious lounge that is bathed in natural light from large windows, creating an inviting atmosphere. Adjacent to the lounge, the separate dining room provides an excellent space for gatherings or family meals and conveniently connects to the kitchen. A practical shower room on this level adds to the functionality of the layout. Upstairs, you will find two well-sized bedrooms that offer comfort and brightness. The principal bedroom features an en-suite bathroom, enhancing the convenience of daily living while also providing future potential for reconfiguration or enhancements. The low-maintenance rear garden serves as a versatile outdoor space for relaxation or entertaining during warmer months. Additionally, an outhouse offers practical storage options for gardening tools or bicycles, further augmenting the appeal of this home. Situated in a desirable residential neighborhood, this property benefits from proximity to various local amenities including shops, cafés, and supermarkets—all within easy reach. Families will appreciate the availability of reputable primary and secondary schools nearby. Excellent public transport links are also at your doorstep; local train stations provide direct access to Nottingham City Centre and beyond, while frequent bus services and road connections via the A612 and A52 enhance accessibility. For leisure enthusiasts, Colwick Country Park and the River Trent are nearby, offering beautiful settings for walking, cycling, and recreation. This location not only ensures convenience but also underscores the investment potential of this property as demand continues in this sought-after area. Overall, with its existing features and advantageous location, this home is well-positioned for those looking to create their ideal living space while benefiting from considerable investment opportunities.

Investment Analysis

(NG4 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£196/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£197,724
10% above area average per sq ft
Potential ROI
+19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG4)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -1.4%
5 year growth: 27.5%
Investment Disclaimer: Analysis based on NG4 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

Carnarvon Street, Nottingham, NG4
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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
£513
Based on a loan of £105,000 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