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55 Barrows Hill Lane, Westwood, Nottingham, NG16 5HJ - Image 1
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55 Barrows Hill Lane, Westwood, Nottingham, NG16 5HJ

East Midlands

£40,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
386 sqft

Description

This freehold terrace house presents a promising opportunity for investment, located on Barrows Hill Lane and in close proximity to the amenities of Westwood Village. Offering vacant possession, the property spans two floors and includes three bedrooms and a bathroom on the first floor. The ground floor features a living room, kitchen, and utility room, ideal for reconfiguration or modernisation. Additionally, there is a rear garden that provides potential for outdoor enhancement. With an EPC rating of D and council tax band A, this property is well-suited for those looking to undertake renovations to increase its value in this East Midlands area.

Investment Analysis

(NG16 area)

Below Market Value

This property is priced -55.8% below area average per sq ft

-55.8%
Potential saving
This Property
£104/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£99,654
10% above area average per sq ft
Potential ROI
+24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +2.3%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on NG16 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

55 Barrows Hill Lane, Westwood, Nottingham, NG16 5HJ
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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
£151
Based on a loan of £30,000 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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