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Renfrew Drive, Wollaton, Nottinghamshire, NG8

East Midlands

£385,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1179 sqft

Description

This three-bedroom detached home has been extended to provide ample living space, presenting a wealth of potential for prospective buyers aiming to enhance or personalize their new residence. Located in a desirable village area, the property is perfect for families or individuals seeking to invest in a home that they can truly make their own. While the interior requires some modernization, it offers a fantastic opportunity to increase its value through renovations. The current layout includes a welcoming entrance hall, convenient cloakroom WC, and a comfortable sitting room that leads into a bright lounge/dining area, perfect for family gatherings. The breakfast kitchen overlooks the sizeable rear garden, providing an ideal environment for casual dining. On the upper floor, you’ll find two generous double bedrooms and a further single bedroom, complemented by a family bathroom and an additional separate WC. This layout provides flexible options for sleeping arrangements to suit different family needs. Outside, the property boasts a front garden with driveway parking and gated access to an expansive enclosed rear garden. This outdoor space not only allows for landscaping opportunities but also leaves room for potential extensions—subject to local planning regulations. With its manageable refurbishment needs and spacious grounds, this house represents a sound investment in an area renowned for its community amenities including schools, healthcare facilities, shops, and excellent transport links. The vibrant neighborhood of Wollaton offers numerous dining options from upscale restaurants to cozy cafes, catering to diverse lifestyles. This property is positioned to appeal both as a tranquil retreat or as part of an active urban lifestyle.

Investment Analysis

(NG8 area)

Above Market Value

This property is priced +22.9% above area average per sq ft

+22.9%
This Property
£327/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£276
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£344,586
10% above area average per sq ft
Potential ROI
-16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
66%
Properties sold annually

Local Market Trend (NG8)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +6.5%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on NG8 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

Renfrew Drive, Wollaton, Nottinghamshire, NG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,389
Based on a loan of £288,750 over 30 years at 4.06% 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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