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Laurel Avenue, Forest Town, NG19 - Image 1
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Laurel Avenue, Forest Town, NG19

East Midlands

£170,000
Listed on 07/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom family home presents a compelling opportunity for renovation and investment in the sought-after area of Forest Town. The property boasts a strategic location, conveniently close to local amenities, reputable schools, and well-connected transport links, making it an appealing prospect for a range of potential buyers. Upon entering, the hallway leads to a spacious lounge featuring an attractive bay window that invites natural light into the space. This welcoming room is perfect for relaxation and offers possibilities for reconfiguration or modernization. Adjacent to the lounge is a kitchen/diner equipped with a set of wall and base units, ample work surfaces, and storage options. This area not only offers functionality but also allows for creative updates that can reflect personal style. With views and access to the well-kept rear garden, this space is ideal for both dining and entertaining. The first floor comprises three generously sized bedrooms, each providing a blank canvas for customization. These rooms can easily be transformed into comfortable living spaces tailored to modern tastes. Completing this level are a contemporary bathroom suite and a separate WC, enhancing convenience. Externally, the property occupies an advantageous plot that includes off-street parking at the front. The rear garden is substantial, primarily laid to lawn with tiered seating areas and fenced boundaries, offering great potential for landscaping or outdoor enhancements. This home not only suits those looking to reside in a vibrant community but also presents significant investment potential given its desirable location and adaptable layout.

Investment Analysis

(NG19 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 8.8%
5 year growth: 24.7%
Investment Disclaimer: Analysis based on NG19 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

Laurel Avenue, Forest Town, NG19
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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
£623
Based on a loan of £127,500 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