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Station Road, Nottingham, NG16

East Midlands

£440,000
Listed on 27/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2736 sqft

Description

This distinctive detached family home, featuring four to five bedrooms, presents a unique opportunity for renovation and customization. The property is spread across two levels, with an under loft space that could be transformed into additional living quarters, pending necessary permissions. The layout offers significant potential for both owner-occupiers and investors looking to capitalize on its versatility. The main entrance leads into a hallway equipped with loft access. There are four spacious double bedrooms, each fitted with built-in wardrobes, alongside two bathrooms equipped with essential amenities. The L-shaped lounge/diner on the lower floor opens onto a roof terrace, providing an excellent setting for outdoor relaxation or gatherings. The breakfast kitchen includes a range of wall and base units along with essential appliances, making it suitable for immediate use while also allowing for potential updates or reconfiguration. Additionally, there's an extra room that can serve as either another bedroom or a study, along with a separate bathroom and ample storage space that could easily serve as a home office or playroom. Externally, the property benefits from driveway access to a tandem garage and a rear garden terrace ideal for landscaping and personal touches. Located within walking distance of Kimberley town centre and close to major transport links including the M1, this property is ideally positioned to take advantage of local amenities while also offering significant potential for growth in value through thoughtful renovations.

Investment Analysis

(NG16 area)

Below Market Value

This property is priced -32.8% below area average per sq ft

-32.8%
Potential saving
This Property
£161/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£719,746
10% above area average per sq ft
Potential ROI
+49.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +1.4%
5 year growth: +20.6%
Investment Disclaimer: Analysis based on NG16 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

Station Road, Nottingham, NG16
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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
£1,558
Based on a loan of £330,000 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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