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Reedings Road, Barrowby, NG32

East Midlands

£270,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
638 sqft

Description

This two-bedroom detached bungalow in the sought-after village of Barrowby presents an excellent opportunity for renovation and investment. Currently, the layout features a living room, kitchen, and bathroom alongside two bedrooms, offering a straightforward design that could be modernized or reconfigured based on personal preferences. With ample space for expansion, subject to securing the necessary planning permissions, there is significant potential to enhance the property further. The generous garden not only allows for outdoor enjoyment but also provides additional scope for development. Situated near reputable schools and local amenities, this property combines a desirable village atmosphere with practicality for daily life. A perfect canvas for those aiming to create a personalized home in an established locality.

Investment Analysis

(NG32 area)

Above Market Value

This property is priced +64.0% above area average per sq ft

+64.0%
This Property
£423/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£181,135
10% above area average per sq ft
Potential ROI
-40.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (NG32)

Area prices are rising by +3.3% over the last 12 months
3 year growth: -5.2%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on NG32 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

Reedings Road, Barrowby, NG32
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 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.

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