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Burnwood Drive, Wollaton

East Midlands

£225,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1542 sqft

Description

This property presents an attractive opportunity for cash buyers aiming to make significant improvements. A recent structural survey has been conducted, offering clear insights into the property's condition and an organized list of recommended renovations. The ground floor features a welcoming entrance hall that leads to two separate reception areas: a cozy front lounge and a spacious main living room filled with natural light. At the rear, you'll find a dining room that connects conveniently to a kitchen of good size, which holds considerable promise for modernisation or redesign, including the potential for an open-plan layout (subject to necessary approvals). An attached garage offers additional storage options and conversion possibilities into usable living space. On the upper level, there are three well-sized bedrooms, which include a generous principal bedroom, another sizable double bedroom, and a versatile third room that could function as a nursery or home office. The family bathroom is functional yet in need of refurbishment to enhance the overall aesthetic appeal of the home. The structural report points towards manageable updates primarily focused on modernising interior spaces, though some staircasing cracking suggests issues related to subsidence that should be carefully considered. This property is ideal for buyers looking to invest time and resources into personalizing their new home while benefitting from professional recommendations already in place regarding required works. Situated in the desirable suburb of Wollaton, this location is favored for its excellent schools, access to green spaces, and proximity to Nottingham city centre. Local amenities are robust, with good transport links via the A52 and public transport options nearby, alongside Wollaton Park offering extensive outdoor leisure activities.

Investment Analysis

(NG8 area)

Below Market Value

This property is priced -45.8% below area average per sq ft

-45.8%
Potential saving
This Property
£146/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£286
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£456,702
10% above area average per sq ft
Potential ROI
+75.7%
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

Burnwood Drive, Wollaton
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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
£811
Based on a loan of £168,750 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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