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Nottingham Road, Nottingham, NG16

East Midlands

£650,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Detached
Area
2008 sqft

Description

This impressive detached family home in the sought-after village of Selston presents a significant opportunity for renovation and investment. Set on a generous plot, this property boasts original character features such as Cedar Shingle at the front and offers spacious living areas that can be modernised to fit various lifestyles. Currently laid out with three double bedrooms, there is ample potential to reconfigure the space into four or five bedrooms, subject to consent. The welcoming entrance porch leads into a charming dining room showcasing exposed brickwork and an inglenook fireplace, which can be enhanced for a more contemporary feel. The adjoining breakfast kitchen is functional yet ripe for redevelopment into a stylish culinary space. With two additional reception rooms, including an expansive lounge that benefits from natural light and picturesque views, the flow of accommodation allows for creative alterations to suit family needs or work-from-home arrangements. The first floor houses generously sized bedrooms filled with character, whilst features like a spacious bathroom and considerable storage options further enhance its appeal. Externally, the property offers extensive off-road parking suitable for multiple vehicles along with a garage. A separate workshop adds to the versatility of the property—ideal for tradespeople or those needing extra workspace. The manageable rear garden includes patio areas and opens up to delightful field vistas, delivering both privacy and tranquillity. In summary, this property is not just a home; it is a canvas ready for those wishing to invest in enhancements that will unlock its full potential in one of East Midlands' most desirable locations.

Investment analysis

(NG16 area)

Above Market Value

This property is priced +38.3% above area average per sq ft

+38.3%
This Property
£324/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£516,970
10% above area average per sq ft
Potential ROI
-29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Nottingham Road, Nottingham, NG16
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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
£2,456
Based on a loan of £487,500 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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