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Redcliffe Road, Nottingham

East Midlands

£800,000
Listed on 07/02/2026

Property Details

Bedrooms
9
Type
Detached house

Description

This freehold investment opportunity features a detached three-bedroom Coach House alongside three self-contained apartments, all of which are currently generating approximately £60,000 in rental income per annum. Positioned on a prominent corner in a desirable tree-lined area close to Nottingham city centre, this property presents considerable renovation and development potential. Existing rental agreements include both traditional ASTs and flexible Company Lets catering to Airbnb operators, enhancing the income stream. With room for rent adjustments and cosmetic upgrades, there is further potential to unlock value through the conversion of the unutilised basement or the large front car park (subject to planning). The current yield exceeds 7.5%, making this an attractive option for investors focused on both immediate cash flow and long-term capital growth in a region with increasing rental demand.

Investment Analysis

(NG3 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£256
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (NG3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.4%
5 year growth: +15.4%
Investment Disclaimer: Analysis based on NG3 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

Redcliffe Road, Nottingham
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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
£2,885
Based on a loan of £600,000 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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