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Hollycourt, Forest Town, NG19 - Image 1
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Hollycourt, Forest Town, NG19

East Midlands

£40,000
Listed on 07/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor flat represents a promising opportunity for investors looking to make their mark in the property market. The unit is in need of comprehensive modernisation, allowing for a complete renovation that could significantly enhance its value. Comprising an entrance hall, a sizeable lounge, a functional kitchen with existing fitted units, a double bedroom, and a family bathroom, the layout offers flexibility for reconfiguration or upgrades. Additionally, an allocated parking space adds convenience and appeal. Located within close proximity to local shops and essential amenities, this property is well-positioned for potential rental income or resale advantage. With no upward chain involved, it presents a practical option for those ready to undertake a refurbishment project.

Investment Analysis

(NG19 area)
Area Average
£203/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.8%

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
43
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +9.4%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on NG19 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

Hollycourt, Forest Town, NG19
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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
£144
Based on a loan of £30,000 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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