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Stoney Lane, Selston, Nottingham, NG16 - Image 1
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Stoney Lane, Selston, Nottingham, NG16

East Midlands

£230,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This well-positioned three-bedroom bungalow offers a unique opportunity for those looking to customize their living space in a semi-rural setting. Set on an expansive plot, it features a practical layout that includes a kitchen with dining area, utility room, and a generous living room. Each of the three bedrooms provides ample natural light and space. The property is equipped with essential amenities such as a modern shower room and a utility area ready for your finishing touches. With its potential for modernization and expansion, this property stands out for buyers seeking to create their ideal long-term home. The surrounding area boasts convenient access to local shops, public transport links, and scenic countryside walks – making it perfectly located for future lifestyle enhancements.

Investment Analysis

(NG16 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 4.6%
5 year growth: 25.2%
Investment Disclaimer: Analysis based on NG16 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

Stoney Lane, Selston, Nottingham, NG16
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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
£830
Based on a loan of £172,500 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.

Next Steps

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