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Albany Road, Nottingham

East Midlands

£129,950

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
392 sqft

Description

Situated on Albany Road in Nottingham, this mid-terrace house offers a significant opportunity for renovation enthusiasts and investors alike. Featuring three bedrooms—two generous doubles and a single—this property caters well to families or anyone seeking additional space. The ground floor is comprised of a cozy living room, a practical kitchen, and a bathroom, all requiring comprehensive refurbishment. This presents a unique chance for new owners to custom-tailor the interiors to their preferences. The back garden provides shared access with an open boundary, which could be transformed into a private retreat with some fencing and a gate. Its advantageous location near the city centre enhances its investment potential, making it ideal for both first-time buyers and seasoned renovators looking to create a personalized home in Nottingham’s vibrant heart.

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Investment analysis

(NG7 area)

Above Market Value

This property is priced +48.0% above area average per sq ft

+48.0%
This Property
£332/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£324
Avg Yield
8.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£96,589
10% above area average per sq ft
Potential ROI
-43.2%
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

Albany 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
£491
Based on a loan of £97,462 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

Next Steps

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