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Revelstoke Way, Rise Park, Nottinghamshire, NG5 5AR

East Midlands

£275,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached house presents a promising canvas for families looking to create their ideal living space. Located within a peaceful residential area of the East Midlands, it boasts generous accommodation and significant potential for enhancement. The property is conveniently situated near local amenities such as Bestwood Country Park, reputable schools, and healthcare facilities, with easy access to the City Centre. The ground floor features an entrance hall that leads into both a living room and dining room; the latter opening directly onto a rear garden, which could be transformed into an outdoor oasis. The kitchen offers a practical layout but may benefit from modernisation to suit contemporary tastes. Upstairs, you'll find three well-sized bedrooms paired with a three-piece shower room that could also be updated to create a more inviting atmosphere. Externally, the property includes a gravelled front area accompanied by steps leading to the entrance, plus driveway parking and gated access to the enclosed rear garden. This space already has elements like decking and patio areas but holds ample opportunity for landscaping or further development. Overall, this house is well-positioned for those looking to invest in renovations that will not only personalise their home but potentially increase its value over time.

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 - £30,000
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

Revelstoke Way, Rise Park, Nottinghamshire, NG5 5AR
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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
£1,007
Based on a loan of £206,250 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