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Windmill Lane, Nottingham, NG3

East Midlands

£130,000
Listed on 11/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1004 sqft

Description

This traditional terraced home presents an excellent opportunity for renovation, featuring well-sized two double bedrooms and a cellar, along with a rear garden that allows for potential expansion or landscaping. The property enters through a front door leading to a reception room that offers a pleasant view, progressing into a dining area set slightly lower, which enhances the sense of space. The fitted kitchen includes appliance recesses and connects to a rear lobby with access to the garden. A fully tiled bathroom is conveniently located nearby. Upstairs, both double bedrooms provide good proportions, with the loft space available for conversion into an additional bedroom, pending planning permission. This property holds significant promise for first-time buyers, small families, or investors looking to capitalize on its investment potential. Located conveniently within Nottingham's residential area, it boasts access to local amenities and strong transport links to the city centre.

Investment Analysis

(NG3 area)

Below Market Value

This property is priced -47.9% below area average per sq ft

-47.9%
Potential saving
This Property
£129/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£293
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£274,223
10% above area average per sq ft
Potential ROI
+76.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (NG3)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 1.2%
5 year growth: 19.3%
Investment Disclaimer: Analysis based on NG3 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

Windmill Lane, Nottingham, NG3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE