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Godfrey Street, Netherfield, Nottingham

East Midlands

£155,000
Listed on 28/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom house in Netherfield, Nottingham presents an exciting opportunity for those looking to undertake a renovation project. While the property is currently in need of comprehensive modernization, it offers a blank canvas for creative buyers to tailor the interiors according to their personal style. With potential to significantly enhance its value, this home represents a strategic investment for both first-time buyers and seasoned investors alike. Located conveniently near local shops, schools, and transport links, it is ideally situated for practical living and community engagement. The property features essential spaces including a lounge with a central heating radiator and double-glazed windows, a living room with gas fire and access to the kitchen, as well as two bedrooms and a bathroom accommodating basic fixtures. An outbuilding in the garden provides additional utility and storage options. This property is ready for someone with vision to reinvigorate it into a modern home.

Investment Analysis

(NG4 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG4)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -1.4%
5 year growth: 27.5%
Investment Disclaimer: Analysis based on NG4 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

Godfrey Street, Netherfield, Nottingham
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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
£568
Based on a loan of £116,250 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