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Briarwood Avenue, Thorneywood, Nottingham - Image 1
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Briarwood Avenue, Thorneywood, Nottingham

East Midlands

£110,000
Listed on 16/02/2026

Property Details

Bedrooms
4
Type
Chalet
Area
2065 sqft

Description

This extended detached dormer house presents an excellent opportunity for cash buyers looking to invest in a property with significant renovation potential. Featuring four spacious double bedrooms, the layout includes two bedrooms on the ground floor and two on the first floor, providing flexibility for family living or rental opportunities. The large L-shaped lounge diner is enhanced by ample natural light from UPVC double-glazed windows, while the kitchen, though functional, would benefit from modern updates to enhance its usability and style. The ground floor also accommodates a bathroom and a separate toilet, both of which would require reconfiguration to meet contemporary standards. Practical features include a garage/carport and useful storage spaces beneath the lounge/diner that could be transformed into additional living areas or workshops. Externally, there is parking for two vehicles along with a paved drying area leading to a garden space complete with a greenhouse, allowing for potential landscaping projects. The property is well-located in the East Midlands, making it appealing for future resale value once renovations are complete. Whether looking to create a family home or develop for investment purposes, this property promises considerable scope for enhancement.

Investment Analysis

(NG3 area)

Below Market Value

This property is priced -78.9% below area average per sq ft

-78.9%
Potential saving
This Property
£53/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£572,304
10% above area average per sq ft
Potential ROI
+281.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG3)

Area prices are falling by -5.8% over the last 12 months
3 year growth: -4.0%
5 year growth: +8.6%
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

Briarwood Avenue, Thorneywood, Nottingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£390
Based on a loan of £82,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-42.1% since listed
£110,000£80,000(-42.1%)
13/04/2026
Current price
£190,000Initial listing
16/02/2026

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