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Grove Road, Nottingham, Nottinghamshire, NG7

East Midlands

£280,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This four-bedroom property presents a compelling opportunity for renovation and investment. Ideally suited for those looking to enhance its existing features or develop it further, the layout is designed with functionality in mind. The ground floor includes a spacious living room, providing a comfortable communal area for residents. Adjacent is an open-plan kitchen and dining room, which offers ample space for cooking and dining, featuring fully fitted cabinetry and an integrated oven with a gas hob. On the first floor, two double bedrooms are positioned along with a well-appointed bathroom that boasts a large walk-in shower, modern fixtures, and stylish floor-to-ceiling tiles. This configuration allows for attractive rental prospects or family living arrangements. The second floor adds further flexibility with two additional double bedrooms, each thoughtfully equipped with essential furnishings, making it an ideal setup for tenants. Located in a vibrant community, this property benefits from its proximity to local amenities and transport links, enhancing its appeal as a rental property. With potential to improve or reconfigure the interior spaces, this residence represents an excellent avenue for investors aiming to capitalize on the growing demand in the area. Whether you are seeking to maintain its current use or explore alternative layouts, the possibilities here are significant.

Investment Analysis

(NG7 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£430
Avg Yield
10.7%

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
27
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG7)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 4.4%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on NG7 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

Grove Road, Nottingham, Nottinghamshire, NG7
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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
£1,026
Based on a loan of £210,000 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