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Faraday Road, Nottingham, NG7

East Midlands

£220,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1076 sqft

Description

This Victorian semi-detached house features three bedrooms and is strategically situated near Nottingham University and the Queen's Medical Centre, offering easy access to local amenities. The spacious interior boasts period characteristics alongside two reception rooms, making it an ideal canvas for those looking to infuse their personal style. Recent redecoration has already set the stage for customization. The upper floor includes three sizable bedrooms and a well-appointed bathroom, complemented by gas central heating and double glazing for improved comfort. The enclosed rear garden provides a private outdoor space, while permit parking on the street adds to its convenience. With excellent transport links, this property is particularly appealing to young professionals entering the housing market or buy-to-let investors aiming to capitalize on its notable potential for value enhancement.

Investment Analysis

(NG7 area)

Below Market Value

This property is priced -8.3% below area average per sq ft

-8.3%
Potential saving
This Property
£204/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£358
Avg Yield
9.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£263,884
10% above area average per sq ft
Potential ROI
+7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -3.8%
5 year growth: +10.4%
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

Faraday Road, Nottingham, NG7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 over 30 years at 4.06% 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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