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Fairisle Close, Nottingham, NG11

East Midlands

£150,000
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
991 sqft

Description

This three-bedroom mid-terrace home is located in a desirable area that is well-suited for families, thanks to its proximity to local amenities and reputable schools. The property offers ample living space and stands out as a promising opportunity for those looking to undertake a renovation project. With no upward chain, you can move forward swiftly on your investment. The ground floor features an entrance hall leading to a convenient WC. The open-plan lounge/diner is generously sized and benefits from large windows that fill the space with natural light. The kitchen includes essential fixtures such as wall and base units, a double electric oven, gas hob, and plumbing for modern appliances, allowing for updates to enhance functionality. Upstairs, the first floor hosts three bedrooms, two of which come with built-in wardrobes—ideal for maximizing storage potential. A shower room fits comfortably into this layout with essentials already in place. The outdoor areas include both front and rear gardens; the front garden requires minimal upkeep, while the back garden features a patio space and a brick outbuilding equipped with power and lighting, presenting opportunities for additional use. Overall, this property holds significant potential for modernization and could be transformed into a contemporary family home or an investment opportunity.

Investment Analysis

(NG11 area)

Below Market Value

This property is priced -43.4% below area average per sq ft

-43.4%
Potential saving
This Property
£151/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£242
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£291,384
10% above area average per sq ft
Potential ROI
+66.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG11)

Area prices are falling by -11.6% over the last 12 months
3 year growth: -10.8%
5 year growth: +18.6%
Investment Disclaimer: Analysis based on NG11 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

Fairisle Close, Nottingham, NG11
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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
£531
Based on a loan of £112,500 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.

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