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Mountfield Drive, Nottingham, NG5

East Midlands

£160,000
Listed on 20/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property presents a significant opportunity for renovation and modernization, appealing to both homeowners and investors. The layout includes a spacious through lounge/diner, a practical kitchen, a bathroom, and a separate W/C. The property features a front driveway and a rear garden, ideal for outdoor space enhancement. Notably, there is no onward chain involved in the sale, facilitating a smoother transaction process. Upon entering, you're greeted by an entrance hall that leads to the kitchen and lounge areas. The kitchen, though functional with existing wall and base units, would benefit from contemporary upgrades to maximize its potential. The large lounge/diner offers ample natural light with UPVC windows at both ends, although updating the décor could significantly enhance its appeal. The first floor comprises three bedrooms—two of which are generously sized—and a bathroom that includes basic fittings requiring modern attention. Outside, the rear garden offers scope for landscaping or creating an entertaining area with its patio and lawned sections. This property holds immense potential for those looking to invest in making it their own or enhancing its rental value in the East Midlands market.

Investment Analysis

(NG5 area)
Area Average
£243/sq ft
Avg Rent (weekly)
£227
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NG5)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 10.2%
5 year growth: 29.6%
Investment Disclaimer: Analysis based on NG5 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

Mountfield Drive, Nottingham, NG5
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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
£586
Based on a loan of £120,000 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