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Welsted Avenue, Nottingham, NG8

East Midlands

£115,000Guide Price

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
377 sqft

Description

This two-bedroom semi-detached house located on a spacious plot in a well-established Nottingham suburb offers a remarkable opportunity for those interested in renovation and investment. The property is in need of modernization, presenting a blank canvas for buyers eager to apply their personal touch. With the potential for extensions (subject to planning permissions), this home could be transformed into an appealing buy-to-let asset or a comfortable family dwelling. The interior comprises two comfortably sized bedrooms, a spacious living area, kitchen, and bathroom—ideal spaces ready for reimagining. Outdoors, the generous garden captures attention, providing ample scope for landscaping or creating an inviting family space. Situated in the sought-after NG8 area, it benefits from proximity to local amenities, schools, transport links, and easy access to Nottingham City Centre. Given its strong rental demand and favorable commuter connections, this property stands out as an attractive addition to any portfolio. Viewing is encouraged to fully appreciate the potential that awaits. Note that this property will be sold via Secure Sale online bidding with specific terms and conditions.

Investment analysis

(NG8 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£305/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£110,787
10% above area average per sq ft
Potential ROI
-32.9%
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

Welsted Avenue, Nottingham, NG8
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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
£434
Based on a loan of £86,250 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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