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Hobsic Close, Brinsley, NG16

East Midlands

£220,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
987 sqft

Description

This detached home presents a promising opportunity for renovators and investors aiming to customize a residence to their specifications. With no onward chain, it allows for a seamless acquisition for those keen on adding personal touches. The ground floor comprises a spacious lounge/diner that offers ample space for both relaxation and hosting, complemented by a separate kitchen ripe for modernization to accommodate contemporary living needs. On the first floor, you'll find three generously sized bedrooms along with a family bathroom that all hold great potential for updates and personal flair. The exterior features driveway parking and a garden space, which could be transformed into an inviting outdoor area perfect for family gatherings or quiet afternoons. This property's practical layout is ideal for anyone looking to develop a home that reflects their individual style. Nestled in the appealing village of Brinsley, this property benefits from close proximity to local shops, schools, and essential amenities. Convenient road links offer easy access to nearby towns and commuting routes, while the surrounding countryside provides abundant opportunities for outdoor activities. By combining an attractive location with substantial renovation potential, this property represents an excellent prospect for buyers seeking their next project in a desirable community.

Investment Analysis

(NG16 area)

Below Market Value

This property is priced -5.0% below area average per sq ft

-5.0%
Potential saving
This Property
£223/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£254,814
10% above area average per sq ft
Potential ROI
-2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hobsic Close, Brinsley, NG16
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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
£831
Based on a loan of £165,000 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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