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Wheatley Grove, Beeston

East Midlands

£240,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached two-bedroom bungalow presents a versatile opportunity for buyers looking to invest in a property that they can personalize over time. Boasting an advantageous location near the scenic Attenborough Nature Reserve, this home is set within a community that offers various local amenities, including shops, healthcare services, and transport options. The absence of a chain facilitates a swift acquisition.<br><br>Internally, the layout features an entrance hallway leading to a spacious living room equipped with a gas fireplace and ample natural light from double-glazed windows. The kitchen, while functional, holds potential for upgrades and customization to suit modern tastes. Both bedrooms are generously sized, with one offering direct access to the rear garden—a feature that could be enhanced further with thoughtful landscaping.<br><br>The bathroom includes essential amenities but may benefit from contemporary improvements. Externally, the paved front garden and rear lawned space provide opportunities for outdoor enhancements. A detached garage adds extra value and utility to this property.<br><br>This bungalow has served as a cherished family home for many years and comes with reliable gas central heating and double glazing. It represents an excellent opportunity for renovation and investment in a desirable area.

Investment Analysis

(NG9 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£347
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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
56%
Properties sold annually

Local Market Trend (NG9)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -4.0%
5 year growth: +14.6%
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

Wheatley Grove, Beeston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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