1 The Nook, Chilwell, NG9 5AB
East Midlands
£170,000Guide Price
Listed on 14/07/2026
Listed on 14/07/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
586 sqftFeatures
- Garden
- Parking
Description
This two-bedroom detached bungalow presents a valuable opportunity for renovation in the desirable area of Chilwell, Nottingham. The property features a spacious reception room with large windows that fill the space with natural light, a kitchen equipped with essential fittings, and two bedrooms—one double and one single—along with a bathroom. With renovations needed throughout, buyers have the chance to reconfigure the layout and modernize the interior to meet their personal aesthetic and functional requirements. Additionally, an enclosed rear garden provides a private outdoor area for leisure or potential landscaping projects. This property is located in a well-connected neighbourhood rich in amenities, making it an attractive investment for those looking to renovate and enhance its value.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached bungalow offers a clear medium-scale update project, with dated finishes across the rooms shown and scope to modernise the kitchen, bathroom and garden. Its enclosed garden, driveway hardstanding and single-storey form are useful starting points, and the exterior and roof look broadly intact in the photos.
The £170,000 guide price is close to, and slightly below, the local average at £290/sqf versus £293/sqf. However, the guide price plus a mid-to-substantial programme of works leaves the overall cost stretched against local benchmarks for a home of this floor area; that comparison is not a forecast of post-renovation value. This is a modern-method auction, and bidding can take the hammer above the guide, so the eventual price may not stay this close to the local benchmark.
Key opportunities
- Modernise the dated finishes across the living spaces and bedrooms to give the bungalow a more cohesive feel.
- Update the old-fashioned kitchen and basic bathroom as part of a coordinated interior refresh.
- Improve the presentation of the enclosed garden and worn hardstanding while retaining its established planting and usable outdoor space.
Key risks
- The guide price combined with a mid-to-substantial works programme leaves costs stretched against local benchmarks for a property of this floor area, before fees and other purchase costs.
- Budget carefully — economics look thin when the guide price sits alongside the indicated works scale — around 19% above what similar-sized stock commands locally today. Finished value after works is not modelled here.
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Transport
Nearest stations
High Road - Central College Tram Stop
0.2 miles
Tram · Chilwell
Chilwell Road Tram Stop
0.3 miles
Tram · Beeston
Cator Lane Tram Stop
0.4 miles
Tram · Chilwell
Bramcote Lane Tram Stop
0.5 miles
Tram · Chilwell
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£695
Based on a loan of £127,500 over 30 years at 5.13% 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.
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