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Caincross Road, Nottingham

East Midlands

£160,000

Listed on 13/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
975 sqft

Description

This three-bedroom semi-detached property offers substantial renovation potential, making it an attractive investment opportunity. Located in the sought-after NG8 postcode, this home is in need of comprehensive modernization throughout, allowing you to tailor it to your preferences or enhance its rental viability. The ground floor features a living room with a fireplace and French doors leading into the dining room, along with a fitted kitchen that accommodates a utility area and downstairs WC. The first floor includes two double bedrooms with storage and a single bedroom, complemented by a three-piece bathroom. Outside, the property benefits from off-street parking via a shared access driveway and a rear garden space perfect for further landscaping or development. With local amenities like schools, medical centers, and good transport links just minutes away, this property presents a promising project for buyers looking to create their ideal living space or secure a strong rental income.

Investment analysis

(NG8 area)

Below Market Value

This property is priced -38.6% below area average per sq ft

-38.6%
Potential saving
This Property
£164/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£286,518
10% above area average per sq ft
Potential ROI
+30.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG8)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +5.2%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on NG8 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

Caincross 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
£604
Based on a loan of £120,000 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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