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Greenland Road, Sutton-in-Ashfield, Nottinghamshire - Image 1
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Greenland Road, Sutton-in-Ashfield, Nottinghamshire

East Midlands

£180,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
765 sqft

Description

This detached bungalow, featuring three bedrooms, is positioned in a peaceful cul-de-sac, making it an appealing option for those seeking a renovation project or an investment opportunity. The property showcases a solid layout with ample potential for modernisation, allowing new owners to tailor the space to their preferences and lifestyle. Inside, the accommodation includes a spacious lounge that invites natural light from the front elevation, alongside a functional kitchen equipped with essential fittings. The three well-proportioned bedrooms offer flexibility for family living or guest accommodations. A bathroom with basic amenities completes the interior spaces, presenting an opportunity to update and enhance its functionality. Externally, the property boasts both front and rear gardens, offering outdoor space for gardening or relaxation. A driveway and carport provide convenient off-street parking. The manageable outdoor areas could be transformed into inviting settings or extended further based on personal vision. Situated in a well-established residential area, this home benefits from proximity to local amenities, schools, and transport links. Its location is suitable for various buyers—from families looking to settle down to investors hoping to add value through strategic renovations. For those interested in exploring the possibilities within this bungalow, an internal viewing is advised. The potential here extends beyond mere aesthetics; this property represents an opportunity for thoughtful upgrades that could yield long-term value.

Investment Analysis

(NG17 area)

Above Market Value

This property is priced +16.1% above area average per sq ft

+16.1%
This Property
£235/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£170,572
10% above area average per sq ft
Potential ROI
-22.5%
After renovation
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
15%
Properties sold annually

Local Market Trend (NG17)

Area prices are stable by +0.8% over the last 12 months
3 year growth: 8.2%
5 year growth: 30.6%
Investment Disclaimer: Analysis based on NG17 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.

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Location

Greenland Road, Sutton-in-Ashfield, Nottinghamshire
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