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Birrell Road, Forest Fields , Nottingham, NG7

East Midlands

£150,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
810 sqft

Description

This three-bedroom mid-terrace property presents a promising opportunity for renovation and value enhancement. The layout includes two spacious reception rooms that offer versatile options for living and dining, accompanied by a rear kitchen with access to an enclosed yard, ideal for outdoor space. On the first floor, two bedrooms along with a family bathroom provide essential amenities, while the second floor features a generous double bedroom that can serve various purposes. The property is in need of cosmetic updates which would allow investors or first-time buyers the chance to tailor the home to their preferences and increase its market appeal. Conveniently located near local shops, reputable schools, and transport links—including bus services and tram connections—this property is well-placed for both commuting and everyday needs. With no upward chain, this could be a swift opportunity for those looking to invest or settle in this thriving area.

Investment Analysis

(NG7 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£185/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£324
Avg Yield
8.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£199,584
10% above area average per sq ft
Potential ROI
+14.0%
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
11%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -10.2% over the last 12 months
3 year growth: -7.0%
5 year growth: +9.5%
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

Birrell Road, Forest Fields , Nottingham, NG7
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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
£567
Based on a loan of £112,500 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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