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Cragdale Road, Nottingham

East Midlands

£290,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached family house presents a compelling opportunity for investors and homeowners alike, situated conveniently near Nottingham City Hospital. Although the property is in need of modernisation, it boasts a well-thought-out extended layout that offers substantial potential for enhancement. The accommodation includes two reception rooms, a garage, and a driveway alongside an enclosed back garden ripe for landscaping improvements.

The entrance porch leads into a hallway that connects to the dining room featuring a charming bay window, and a spacious living room with patio doors that open onto the garden. The kitchen, complete with pantry storage and access to the garage, provides functional space for renovation. Upstairs, you will find three ample-sized bedrooms along with a family bathroom and separate WC.

Set back from the street with front off-road parking, this property also features an enclosed rear garden with mature shrubs and trees—an ideal canvas for outdoor upgrades. Located within easy reach of local amenities and Nottingham City Centre, this home allows for both practical living and investment potential due to its proximity to various facilities. This property is without upward chain, allowing for straightforward transactions.

Investment Analysis

(NG5 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
92
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NG5)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +7.5%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on NG5 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

Cragdale Road, 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
£1,027
Based on a loan of £217,500 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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