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Pike Lane, Spring Boroughs, NN1 2RJ - Image 1
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Pike Lane, Spring Boroughs, NN1 2RJ

East Midlands

£200,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This terraced property offers a structured layout ideal for anyone looking to infuse their personal style. The entrance hall leads to spacious living and dining areas, as well as a functional kitchen on the ground floor. Upstairs, you will find three bedrooms accompanied by a family bathroom, providing ample space for reconfiguration. The home requires general updates and modernization, making it a perfect canvas for those wanting to undertake a renovation project tailored to their tastes. The outside features a manageable courtyard garden typical of town properties, alongside generous frontage enhancing curb appeal. With potential for value growth through thoughtful renovations, this property is an excellent investment opportunity in the East Midlands region.

Investment Analysis

(NN1 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£211
Avg Yield
5.4%

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
37
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NN1)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -3.8%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on NN1 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

Pike Lane, Spring Boroughs, NN1 2RJ
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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
£721
Based on a loan of £150,000 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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