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Laurel Avenue, Forest Town, NG19 0DR - Image 1
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Laurel Avenue, Forest Town, NG19 0DR

East Midlands

£160,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1369 sqft

Description

Located in the sought-after Forest Town area, this three-bedroom semi-detached house offers significant renovation opportunities for those looking to add their personal touch. With spacious living areas, a detached garage, and plentiful off-road parking, this property is well-suited for families, first-time buyers, or investors aiming to enhance value. The ground floor features an inviting entrance hall leading to a sizable lounge and a fitted kitchen, which opens into a large conservatory that overlooks the generous rear garden—perfect for extending the living space further. Additionally, there's a handy utility room and a ground floor WC that can be modernised. Upstairs comprises three decent-sized bedrooms along with a family bathroom that invites potential updates to improve functionality and aesthetics. Outside, the substantial driveway caters to multiple vehicles while providing access to the detached garage and an enclosed rear garden offering ample outdoor space for future landscaping or extensions. With local amenities, excellent transport links, and reputable schools nearby, as well as easy access to shopping at Asda Supermarket, this home is positioned perfectly for convenience. This property not only offers current comfort but also presents an excellent canvas for those wanting to invest in improvements and create a long-lasting home.

Investment Analysis

(NG19 area)

Below Market Value

This property is priced -43.8% below area average per sq ft

-43.8%
Potential saving
This Property
£117/sq ft
Area Average
£208/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£312,926
10% above area average per sq ft
Potential ROI
+56.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG19)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +6.5%
5 year growth: +18.4%
Investment Disclaimer: Analysis based on NG19 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

Laurel Avenue, Forest Town, NG19 0DR
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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
£571
Based on a loan of £120,000 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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