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Primrose Rise, Newthorpe, Nottingham

East Midlands

£240,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1125 sqft

Description

This three-bedroom detached property on Primrose Rise in Newthorpe presents a valuable opportunity for renovators and investors alike. While requiring modernisation throughout, the solid structure features generous living spaces including a spacious living room, kitchen/diner with direct access to the enclosed rear garden, and a garage complemented by driveway parking. The layout includes an entrance porch, hallway, well-proportioned bedrooms, and essential amenities such as a shower room and separate WC. The exterior boasts a concrete driveway and an enclosed rear garden with patio seating area. With its convenient location near local amenities, schools, and transport links, this property offers ample potential for those looking to add value or create a personalised family home. Early viewing is recommended to fully appreciate the size and renovation possibilities available.

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Investment analysis

(NG16 area)

Below Market Value

This property is priced -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£213/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£289,637
10% above area average per sq ft
Potential ROI
-0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +1.4%
5 year growth: +20.9%
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

Primrose Rise, Newthorpe, 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
£907
Based on a loan of £180,000 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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