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108 Radcliffe Road, West Bridgford, NG2 5HG - Image 1
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108 Radcliffe Road, West Bridgford, NG2 5HG - Image 3
108 Radcliffe Road, West Bridgford, NG2 5HG - Image 4
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108 Radcliffe Road, West Bridgford, NG2 5HG

East Midlands

£525,000
Listed on 25/02/2026

Property Details

Bedrooms
8
Type
Semi-detached house
Area
1776 sqft

Description

Situated in the desirable suburb of West Bridgford, this semi-detached property offers a unique investment opportunity as it currently operates as an eight-bedroom licensed House in Multiple Occupation (HMO). Located just under two miles from Nottingham city centre and within easy walking distance to local amenities and public transport, the location is ideal for attracting tenants. The layout spans three floors and includes seven bedrooms, two bathrooms, a kitchen, and a lounge that could easily be converted into an additional bedroom. Along with off-street parking for approximately four vehicles, there is also a double garage at the rear with previous planning consent for conversion into residential units—a valuable feature for further development. Currently let until July 2026 with an annual income of £36,036, this property presents both immediate rental income and long-term enhancement potential. The existing HMO license remains valid until December 2027 while lapsed planning permissions exist for converting the garage into two flats or transforming the HMO into three self-contained flats—providing several pathways to increase value through refurbishment or redevelopment. Given its generous space of nearly 2,700 sq ft combined (including garage area), potential buyers can explore various renovation options that align with their investment goals.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -5.9% below area average per sq ft

-5.9%
Potential saving
This Property
£296/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£613,919
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (NG2)

Area prices are stable by -0.1% over the last 12 months
3 year growth: +4.7%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on NG2 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

108 Radcliffe Road, West Bridgford, NG2 5HG
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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
£1,893
Based on a loan of £393,750 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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