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Breckbank, Forest Town

East Midlands

£175,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
885 sqft

Description

This three-bedroom detached house, situated on a corner plot, presents an excellent opportunity for renovation and investment. The property is equipped with gas central heating and double glazing, ensuring a comfortable environment as you undertake updates. Although the home requires modernisation, it offers a solid foundation for creating a contemporary family residence. The layout features a spacious lounge/diner with dual aspect windows, providing ample natural light, along with a kitchen that includes essential fixtures and plumbing ready for upgrading. On the first floor, three well-proportioned bedrooms await your personal touch, while the bathroom is functional yet ripe for enhancement. Outside, the property boasts two driveways and a detached garage with power supply—perfect for versatile use or additional storage. Located conveniently near good transport links to the A614 and local amenities, plus a selection of schools nearby, this home is ideal for family life. With thoughtful renovations, this property can transform into a desirable living space in the East Midlands.

Investment Analysis

(NG19 area)

Below Market Value

This property is priced -1.7% below area average per sq ft

-1.7%
Potential saving
This Property
£198/sq ft
Area Average
£201/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£195,868
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 9.2%
5 year growth: 24.5%
Investment Disclaimer: Analysis based on NG19 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

Breckbank, Forest Town
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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
£631
Based on a loan of £131,250 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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