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Nottingham Road, Basford, Nottingham, NG7 7DA - Image 1
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Nottingham Road, Basford, Nottingham, NG7 7DA

East Midlands

£160,000
Listed on 14/05/2026

Property Details

Bedrooms
6
Type
End Of Terrace
Area
1012 sqft

Description

Located along Nottingham Road, this expansive terraced property presents a unique chance for investors or creative buyers looking to unlock its full potential. Currently configured as two distinct flats, the layout provides flexibility and an opportunity for significant value addition. The ground floor flat is occupied by a tenant, generating a steady income of £500 per month, ensuring immediate cash flow. It features two bedrooms, a bathroom, and a combined kitchen-dining area that opens onto a back patio—a feature that could be enhanced with thoughtful renovations. The upper flat spans the first and second floors, comprising four bedrooms, a family bathroom on the first level, and a spacious living room alongside a generous kitchen-diner on the second floor. Externally, there is a quaint front patio and an accessible rear courtyard from the ground floor flat. While this property requires comprehensive refurbishment throughout, it offers an exciting blank canvas for those eager to transform it into high-demand rental units or family homes in this well-connected area.

Investment Analysis

(NG7 area)

Below Market Value

This property is priced -29.0% below area average per sq ft

-29.0%
Potential saving
This Property
£158/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£359
Avg Yield
9.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£247,854
10% above area average per sq ft
Potential ROI
-0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -14.9% over the last 12 months
3 year growth: -8.7%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on NG7 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

Nottingham Road, Basford, Nottingham, NG7 7DA
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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.

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