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Scargill Avenue, Newthorpe, Nottingham

East Midlands

£230,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1001 sqft

Description

This three-bedroom semi-detached house on a corner plot in Newthorpe presents an exceptional opportunity for those looking to invest in a property with considerable renovation potential. With no chain involved, the home is ready for immediate acquisition and transformation. The spacious ground floor comprises two reception rooms, each featuring characterful fireplaces, alongside a kitchen that overlooks the rear garden, inviting various modernization possibilities. Upstairs, you'll find three well-sized bedrooms and a family bathroom, while the boarded loft offers further expansion opportunities, subject to appropriate permissions. The outside space includes both front and rear gardens—ideal for landscaping enhancements—and provides convenient off-street parking for up to three vehicles. Whether you're aiming to modernize the interior aesthetic or expand upon existing structures, this property serves as a blank canvas waiting for your creative vision.

Investment Analysis

(NG16 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£230/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£202
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£262,778
10% above area average per sq ft
Potential ROI
-0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Scargill Avenue, Newthorpe, Nottingham
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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
£830
Based on a loan of £172,500 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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