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Newstead Terrace, Hucknall, NG15 - Image 1
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Newstead Terrace, Hucknall, NG15

East Midlands

£165,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1103 sqft

Description

This three-bedroom semi-detached house presents an exciting blank canvas for prospective buyers eager to embark on a renovation journey. With a spacious living room and three well-sized bedrooms, the property is ideally suited for families or those who may need additional space for a home office or hobby area. The existing layout allows for flexible reconfigurations to suit modern living needs. Although the property requires comprehensive refurbishment throughout, it stands as a promising investment opportunity to significantly increase its value. The rear garden, currently in need of some attention, has the potential to be transformed into a beautiful outdoor retreat perfect for family gatherings, gardening projects, or simply enjoying time outside. Additionally, the integral garage provides practical storage solutions and could offer conversion possibilities (subject to necessary approvals). This property is tailored for those looking for a significant project with strong long-term prospects.

Investment Analysis

(NG15 area)

Below Market Value

This property is priced -41.5% below area average per sq ft

-41.5%
Potential saving
This Property
£150/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£310,423
10% above area average per sq ft
Potential ROI
+51.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -4.4%
5 year growth: +10.8%
Investment Disclaimer: Analysis based on NG15 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

Newstead Terrace, Hucknall, NG15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£589
Based on a loan of £123,750 over 30 years at 3.97% 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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