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Charnwood Avenue | Westone | NN3 - Image 1
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Charnwood Avenue | Westone | NN3

East Midlands

£260,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1193 sqft

Description

This three-bedroom semi-detached property presents a significant renovation opportunity, ideal for those looking to enhance its value through modernisation. Being sold with no chain, it offers a blank canvas for prospective buyers keen on creating a tailored living space. The ground floor comprises a welcoming entrance, a spacious bay-fronted living room, a separate dining area, and a bright conservatory that flows into the kitchen. An adjoining utility/storage area leads to the garage, providing additional scope for reconfiguration. On the first floor, you'll find three generous bedrooms, a family bathroom, and an independent WC. The exterior boasts both front and rear gardens and includes an attached garage that could potentially be converted, subject to obtaining the necessary planning permissions.

Investment Analysis

(NN3 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£218/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£384,570
10% above area average per sq ft
Potential ROI
+24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NN3)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 0.7%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on NN3 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

Charnwood Avenue | Westone | NN3
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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
£952
Based on a loan of £195,000 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