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12 New Road, Ironville, Nottingham, NG16 5PN - Image 1
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12 New Road, Ironville, Nottingham, NG16 5PN

East Midlands

£50,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached house presents a compelling opportunity for those looking to invest in a property that requires modernisation. Situated in a convenient location off Station Road, the home is close to the various amenities of Ironville Village and the nearby Codnor Park. This residence features accommodation spread over two levels, which includes three bedrooms on the first floor. The ground floor comprises an entrance hall, living room, kitchen, bathroom, separate WC, and a rear lobby space. The property benefits from vacant possession, making it ideal for immediate renovation without tenant interruptions. With a front garden and a rear garden area, there’s potential to enhance outdoor spaces as well. Given the current EPC rating of E, improvements can significantly increase both energy efficiency and market value post-renovation.

Investment Analysis

(NG16 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£202
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +3.2%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on NG16 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

12 New Road, Ironville, Nottingham, NG16 5PN
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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
£180
Based on a loan of £37,500 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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