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24 North Street, Langley Mill, Nottingham NG16 4BS - Image 8

24 North Street, Langley Mill, Nottingham NG16 4BS

East Midlands

£69,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This freehold end-terraced property presents a solid investment opportunity within a well-established rental market. While currently needing a substantial refurbishment, the two-bedroom layout offers ample space for potential enhancements. The accommodation features double glazing and gas central heating, comprising a lounge, an inner lobby with staircase access, a fitted dining kitchen, and a rear lobby with a small cloakroom. Upstairs, the first floor holds two bedrooms and a compact shower room. An enclosed garden at the rear adds to its appeal for future tenants or owners. Conveniently located near Heanor and providing swift access to major transport links including the M1 motorway, this property is ideal for those looking to modernize and capitalize on its rental potential in the East Midlands region.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

24 North Street, Langley Mill, Nottingham NG16 4BS
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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
£249
Based on a loan of £51,750 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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