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Christine Close, Hucknall

East Midlands

£248,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
797 sqft

Description

This detached bungalow presents a significant opportunity for renovation and investment, featuring two well-proportioned double bedrooms. Nestled on a spacious corner plot within a tranquil cul-de-sac, it includes a driveway and garage, along with generous external space that may lend itself to future extensions (subject to planning permissions). The layout offers a thoughtful flow with a central entrance hall leading to a large lounge, kitchen, and a substantial shower room. While the property benefits from no upward chain, potential buyers will want to consider enhancements to modernize the interiors and fully capitalize on the living space. The surrounding neighborhood provides various amenities within walking distance, adding to its appeal. The extensive gardens wrap around the property, creating options for outdoor improvements or landscaping. This bungalow is not just a home; it is an investment in your vision for comfort and style.

Investment Analysis

(NG15 area)

Above Market Value

This property is priced +23.1% above area average per sq ft

+23.1%
This Property
£311/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£221,630
10% above area average per sq ft
Potential ROI
-23.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.4%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on NG15 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

Christine Close, Hucknall
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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
£908
Based on a loan of £186,000 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