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Cliff Drive, Radcliffe-On-Trent, Nottingham

East Midlands

£425,000
Listed on 04/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1292 sqft

Description

This property represents a remarkable opportunity for those looking to invest in a renovation project or redevelopment in an enviable location adjacent to Rockley Memorial Park. The existing detached bungalow, constructed in the 1960s, features essential living spaces including a kitchen diner, sitting room, two bedrooms, and a garden room, all set within a spacious plot that offers the potential for significant enhancement or complete transformation (subject to planning permissions). The layout includes a welcoming entrance hall that leads to the main rooms, with a sizeable kitchen equipped with basic amenities that could be modernized. The dining area opens to a garden patio ideal for outdoor dining experiences. Set on a quiet one-way street, the generous front and rear gardens provide ample space for landscaping and extension possibilities. The secluded backyard is particularly appealing, offering direct access to greenery and privacy from surrounding properties. Local amenities are within easy reach in Radcliffe on Trent, making this property not only an exciting renovation project but also strategically positioned within a desirable community. Ideal for those eager to create their dream home while capitalizing on its prime setting.

Investment Analysis

(NG12 area)

Above Market Value

This property is priced +4.6% above area average per sq ft

+4.6%
This Property
£329/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£446,967
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG12)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -4.1%
5 year growth: +1.8%
Investment Disclaimer: Analysis based on NG12 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

Cliff Drive, Radcliffe-On-Trent, Nottingham
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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
£1,505
Based on a loan of £318,750 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.

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