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Colwick Road, Nottingham, NG2

East Midlands

£180,000
Listed on 02/04/2026

Property Details

Bedrooms
5
Type
Terraced
Area
1615 sqft

Description

This five-bedroom mid-terraced house offers a significant renovation opportunity in a well-connected area of Nottingham, just a short distance from the city centre. Spanning three floors, the property features sash windows that maintain its character while presenting a blank slate for updates and modernisation. Upon entering, you're welcomed into a hallway leading to a spacious living room, perfect for entertaining or unwinding. Adjacent to it is a dining room set up for family meals, complemented by a sizeable kitchen equipped with ample storage. The utility room adds practicality to everyday life. The upper levels host five generously sized bedrooms that can easily adapt to varied needs such as home offices or guest rooms, supported by a three-piece bathroom suite designed for functionality. Original features throughout enhance the property's charm. Outside, you'll find both a small courtyard in front and an enclosed rear garden offering privacy and usable outdoor space, complete with a paved patio and lawn area suitable for children or gardening enthusiasts. This property is an excellent investment opportunity for buyers looking to create their ideal home through renovation and personalisation.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -65.1% below area average per sq ft

-65.1%
Potential saving
This Property
£111/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£567,769
10% above area average per sq ft
Potential ROI
+146.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG2)

Area prices are falling by -4.9% over the last 12 months
3 year growth: +2.6%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on NG2 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

Colwick Road, Nottingham, NG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£638
Based on a loan of £135,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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