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Melksham Road, Nottingham

East Midlands

£195,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached property offers a solid foundation for those seeking to make their mark through renovation and modernization. Located in a desirable East Midlands neighborhood, the home features spacious rooms, including a welcoming entrance hallway, a generous lounge diner with direct access to an enclosed rear garden, a functional kitchen with ample storage options, and three bedrooms suited for family living. The property also boasts a shower room and separate WC. Externally, the gated driveway ensures off-road parking while the sizable rear garden provides an excellent space for outdoor activities or potential landscaping projects. With local amenities, schools, and transport links within easy reach, this home represents a promising investment opportunity for first-time buyers or seasoned investors looking to enhance its value through redevelopment.

Investment Analysis

(NG5 area)
Area Average
£246/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
82
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (NG5)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +8.0%
5 year growth: +23.1%
Investment Disclaimer: Analysis based on NG5 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

Melksham Road, Nottingham
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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
£737
Based on a loan of £146,250 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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