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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 home presents a unique opportunity for those looking to invest in a property with considerable renovation potential. Located conveniently near Nottingham City Hospital, the house is being sold with no upward chain, making it an attractive option for both families and investors. Currently requiring modernisation, the extended layout boasts two spacious reception rooms, a garage, and a driveway, alongside an enclosed rear garden which can be transformed into a lovely outdoor space. The internal layout includes an entrance porch leading to a hallway with ample storage options, a dining room featuring a bay window at the front, and a generous living room at the rear that opens onto the garden via patio doors. The kitchen is functional but dated, providing an opportunity for updates that could enhance both its use and aesthetic appeal. Upstairs, you will find three good-sized bedrooms along with a family bathroom and separate WC. The property’s advantageous location allows easy access to local amenities including shops, schools, and transport links to Nottingham City Centre. This home truly offers buyers the chance to personalise and improve it according to their vision. Early viewings are encouraged to fully appreciate the space and potential available here.

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.

Stamp Duty Calculator

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