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Melbourne Road, Stapleford

East Midlands

£200,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
924 sqft

Description

This three-bedroom semi-detached residence offers a significant opportunity for renovation and investment. With a well-structured layout, it is positioned away from the road, providing a spacious driveway and an integral garage for off-road parking and storage needs. The property invites buyers to modernise and enhance its existing charm according to their preferences. Spread across two floors, the home features a welcoming entrance hall that leads into a fitted kitchen at the front, which possesses the practical space necessary for updates to suit contemporary tastes. The generous lounge diner at the rear is particularly versatile, ideal for both relaxation and entertaining, with direct access to the garden that enhances its appeal as an indoor-outdoor living space. On the first floor, potential abounds with three bedrooms that can accommodate various needs—be it family living or home office setups. The family bathroom completes this level, presenting further scope for rejuvenation. The outdoor area extends this property's possibilities; a tiered garden with a paved patio offers immediate outdoor enjoyment while inviting creative landscaping ideas for those wishing to cultivate a more tailored green space. Buyers will appreciate the established yet adaptable nature of this property—a promising canvas for anyone looking to invest, renovate and eventually personalise their home over time.

Investment Analysis

(NG9 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£216/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£314
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£300,448
10% above area average per sq ft
Potential ROI
+30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG9)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -3.4%
5 year growth: +13.1%
Investment Disclaimer: Analysis based on NG9 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

Melbourne Road, Stapleford
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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
£714
Based on a loan of £150,000 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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