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Mafeking Street, Nottingham, NG2

East Midlands

£150,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This mid-terrace residence spans three floors and offers ample space for creative transformation. Presenting a blank canvas, it is an ideal project for first-time buyers, investors, or those looking to invest in a property with significant potential. The home features two generously sized reception rooms on the ground floor, both equipped with gas fires, along with a kitchen and a three-piece bathroom suite that are in need of modernisation. The first floor hosts two comfortable double bedrooms, while a third double bedroom awaits on the upper level, providing flexible accommodation options. Notably, the location offers convenient access to local amenities, reputable schools, and transport links. While the property benefits from on-street parking at the front, it also boasts a practical rear access passageway. Given its current condition and the EPC rating of F, this property represents a promising opportunity for renovation efforts to enhance its value and livability.

Investment Analysis

(NG2 area)
Area Average
£317/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG2)

Area prices are falling by -8.1% over the last 12 months
3 year growth: +1.4%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on NG2 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

Mafeking Street, Nottingham, NG2
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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
£535
Based on a loan of £112,500 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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