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Elm Avenue, Carlton, NG4

East Midlands

£120,000

Listed on 13/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property presents an excellent opportunity for renovation and investment, ideal for first-time buyers or investors seeking to maximize value. The home is in need of comprehensive modernization throughout, providing the chance to create a tailored living space. The ground floor features a living room, a separate dining room with a decorative fireplace, a galley-style kitchen, and a convenient WC. On the first floor, there are two spacious double bedrooms, along with a study or dressing room, and a wet-room style bathroom. Outside, the rear garden is populated with mature plants and trees and holds significant potential for landscaping improvements. Located in a desirable residential area within easy reach of local amenities and transport links to Nottingham City Centre, this property is perfect for those looking to make their mark in the property market.

Investment analysis

(NG4 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£18,000 - £28,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG4)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -2.9%
5 year growth: +20.8%
Investment Disclaimer: Analysis based on NG4 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

Elm Avenue, Carlton, NG4
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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
£453
Based on a loan of £90,000 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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