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Balmoral Drive, Bramcote Hills, Nottingham, NG9 - Image 1
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Balmoral Drive, Bramcote Hills, Nottingham, NG9

East Midlands

£230,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
996 sqft

Description

This two-bedroom bungalow presents a unique proposition for prospective buyers, especially those keen on renovation and investment. Set on an oversized plot, the property is ripe for potential development and expansion, contingent on securing the necessary planning permissions. The structure features a combination of timber construction with brick cladding, offering a solid foundation that may benefit from modern updates. Outside, you'll find a well-maintained landscaped garden alongside a driveway and garage, providing ample outdoor space. The layout includes an entrance porch leading into a hallway, a fitted kitchen, living room, conservatory, and two double bedrooms—one of which boasts a walk-in wardrobe and wash hand basin. Conveniently located near local amenities such as Alexandrina Plantation nature reserve and educational institutions like The Bramcote School and Nottingham University, this property is an appealing opportunity for those looking to create their ideal home in the East Midlands.

Investment Analysis

(NG9 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£231/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£316
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£323,202
10% above area average per sq ft
Potential ROI
+19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG9)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -3.5%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on NG9 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

Balmoral Drive, Bramcote Hills, Nottingham, NG9
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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
£815
Based on a loan of £172,500 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.

Stamp Duty Calculator

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