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Amesbury Circus, Nottingham, NG8

East Midlands

£120,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
728 sqft

Description

This three-bedroom property represents a notable opportunity for investors and developers seeking a project with significant potential. Available with no chain and through the Modern Method of Auction, this home is situated in a desirable residential area, offering a solid layout and spacious rooms that lend themselves well to refurbishment. The ground floor features a large living room ideal for entertaining, complemented by a kitchen that leads directly to the rear garden. There are also separate bathroom and WC facilities, which add practicality for families or tenants. Upstairs, the property boasts three bedrooms: a roomy principal bedroom, an adequately sized second bedroom, and a versatile third bedroom that could function as an office or nursery. With some cosmetic upgrades and modernization efforts, there is clear potential to enhance both market value and rental yield. This home's functional layout and substantial room sizes cater to the constant demand for affordable family housing in the area. Whether you are looking to expand your investment portfolio or embark on a renovation project that offers good returns, this property presents an excellent canvas to create value.

Investment Analysis

(NG8 area)

Below Market Value

This property is priced -38.0% below area average per sq ft

-38.0%
Potential saving
This Property
£165/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£213,013
10% above area average per sq ft
Potential ROI
+33.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NG8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +6.5%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on NG8 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

Amesbury Circus, Nottingham, NG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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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