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55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 1
55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 2
55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 3
55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 4
55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 5
55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 6
55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 7
55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ - Image 8

55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ

East Midlands

£55,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This freehold residential investment presents a unique opportunity in the semi-rural hamlet of Westwood. The mid-terrace property features three bedrooms—an enhancement from its original two, making it ideal for families or as a rental unit. While the home requires some upgrades, it boasts a functional layout with double glazing and gas central heating throughout. The ground floor includes a lounge with a cast iron multi-burner for added charm, an inner lobby with stairs, and a dining kitchen complete with a pantry and utility room. Upstairs, the L-shaped landing connects to three bedrooms and a family bathroom equipped with a basic three-piece suite. Outside, the front has hardstanding access along with shared pedestrian pathways leading to a sizable yard featuring an established garden and an outbuilding that could serve various uses. With vacant possession available upon completion, this property is conveniently located near Alfreton, providing good access to major road networks like the A38 and M1, making it an appealing project for those looking to invest in renovation potential.

Investment Analysis

(NG16 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.2%

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
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

55 Barrows Hill Lane, Westwood, Nottingham NG16 5HJ
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£195
Based on a loan of £41,250 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.

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