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Goodwood Road, Wollaton, Nottinghamshire, NG8

East Midlands

£395,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1463 sqft

Description

This extended semi-detached house featuring four bedrooms presents a substantial opportunity for renovation and enhancement, making it an excellent choice for families or investors aiming to craft their ideal living space in a desirable village setting. The property is in need of modernisation, which allows prospective buyers the chance to increase value and tailor the home to their preferences. Currently, the layout includes a welcoming entrance hall, a cloakroom with WC, a cozy sitting room, a bright living room, and a separate dining area that connects to the breakfast kitchen overlooking the sizable rear garden. On the first floor, the landing serves three double bedrooms alongside a good-sized single bedroom, complemented by a family bathroom and separate WC that offer flexible sleeping arrangements. Externally, there is a front garden with driveway parking and gated access to a large enclosed rear garden along with a garage. This space offers tremendous potential for landscaping, entertaining, or possible extensions (subject to planning permission). Given its generous plot size and adaptable accommodation options, this property is poised for improvement and expansion. It stands as an attractive investment for those looking to develop a bespoke family home within this well-connected neighbourhood. Local amenities such as schools, healthcare facilities, shops, and transport links enhance its appeal further while offering future residents access to vibrant dining options and recreational spaces. Overall, this property not only provides immediate living options but also represents significant long-term potential for growth.

Investment Analysis

(NG8 area)

Above Market Value

This property is priced +0.3% above area average per sq ft

+0.3%
This Property
£270/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£433,304
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
99%
Properties sold annually

Local Market Trend (NG8)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +5.4%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on NG8 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

Goodwood Road, Wollaton, Nottinghamshire, NG8
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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
£1,425
Based on a loan of £296,250 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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