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Greenfield Street, Nottingham, Nottinghamshire, NG7

East Midlands

£85,000
Listed on 25/03/2026

Property Details

Bedrooms
1
Type
Terraced
Area
412 sqft

Description

This one-bedroom freehold house presents a noteworthy opportunity for renovation enthusiasts and investors alike. Nestled in a desirable residential area, the property is conveniently located near Queens Medical Centre Hospital and the University of Nottingham, making it an attractive option for potential renters or first-time buyers. Just under 2 miles from Nottingham City Centre, accessible via the NET Tram line, this home is well-positioned for urban convenience. The layout features an open-plan living and dining area with a U-shaped kitchen, leading upstairs to a double bedroom and a bathroom. While the property requires refurbishment, its structure offers a solid foundation for creative upgrades that could enhance both functionality and aesthetic appeal. Complimenting the property is an allocated parking space at the rear along with on-street parking options available through residents' permits. This home is available through auction, which requires careful consideration by prospective buyers, especially those using mortgage financing. With proper vision and investment, this property could transform into a charming residence or a lucrative rental asset.

Investment Analysis

(NG7 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£206/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£358
Avg Yield
9.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£101,041
10% above area average per sq ft
Potential ROI
-8.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -3.8%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on NG7 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

Greenfield Street, Nottingham, Nottinghamshire, NG7
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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
£307
Based on a loan of £63,750 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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