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Sherwin Road

East Midlands

£200,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
957 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for both homeowners and investors seeking to customize a property in a desirable residential area. Set on a generous garden plot, the home is well-positioned for family living, featuring off-street parking and essential amenities nearby. While the property is equipped with gas central heating from a combination boiler and most windows are double glazed, it does require modernisation and some improvements. The current layout includes an entrance hall leading to a living room that connects to an open-plan dining kitchen. There's an unfinished cloaks/WC that holds potential for renovation. On the first floor, you will find three bedrooms and a bathroom/WC. The large rear garden is enclosed with established greenery, while the front features additional off-street parking along with a carport requiring attention. This location benefits from good schools and recreational facilities within easy reach, making it ideal for families or those commuting to nearby cities like Nottingham and Derby. This property is currently vacant, opening up immediate possibilities for viewing and renovation to suit personal tastes or enhance investment value.

Investment Analysis

(NG9 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£209/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£309
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£310,336
10% above area average per sq ft
Potential ROI
+37.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NG9)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -2.2%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on NG9 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

Sherwin Road
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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
£756
Based on a loan of £150,000 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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