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Gordon Grove, Nottingham, NG7

East Midlands

£125,000
Listed on 21/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
512 sqft

Description

This two-bedroom end-terrace house in New Basford, Nottingham, presents an excellent opportunity for buyers aiming to enhance value through refurbishment. Currently available with vacant possession, the property boasts a spacious reception area and a kitchen diner layout, along with two bedrooms and a family bathroom. Although it features a compact rear courtyard, which offers easy outdoor management, the absence of off-street parking may require consideration for potential buyers. Located in a well-connected residential area, this property is within reach of various local shops, cafés, and supermarkets, as well as public transport options like trams and buses that provide direct routes into Nottingham city centre. Additionally, proximity to key road connections such as the A60 and A610 enhances accessibility. This home is primed for modernisation throughout, serving as a blank canvas appealing to investors or first-time buyers looking to tailor their living space. Given its potential for transformation and growth in value through renovation, early viewings are advised to fully appreciate what this property has to offer.

Investment Analysis

(NG7 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£244/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£430
Avg Yield
10.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£128,748
10% above area average per sq ft
Potential ROI
-14.2%
After renovation
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

Gordon Grove, Nottingham, 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
£458
Based on a loan of £93,750 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