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Colwick Road, Nottingham, Nottinghamshire, NG2 - Image 1
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Colwick Road, Nottingham, Nottinghamshire, NG2

East Midlands

£150,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
696 sqft

Description

This two-bedroom property presents a promising opportunity for those looking to invest in a renovation project. With a chain-free sale, it offers a blank canvas for potential buyers to customize and enhance according to their vision. The house is currently in need of modernization, making it ideal for first-time buyers, small families, or investors who see the value in transforming this space into a contemporary home. The layout features a cozy living area and a kitchen that can be reimagined as a modern culinary space. Upstairs, you'll find two bedrooms along with a family bathroom, providing ample accommodation. Outside, there's a private rear garden and a modest front garden, along with on-street parking for convenience. Located close to local shops and with good transport links to Nottingham City Centre, this property is well-positioned for future growth.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -30.6% below area average per sq ft

-30.6%
Potential saving
This Property
£216/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£237,681
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 7.6%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on NG2 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

Colwick Road, Nottingham, Nottinghamshire, NG2
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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
£549
Based on a loan of £112,500 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