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Wood Street,Eastwood,Nottingham,NG16 3DD

East Midlands

£190,000

Listed on 18/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
665 sqft

Description

This two-bedroom detached bungalow represents an exciting opportunity in a highly sought-after residential area. The property has been cherished by its current owner, but it now awaits a new owner to bring it up to modern standards and personalize it to their taste. Nestled on a generous plot, the bungalow features off-road parking and a delightful garden that's perfect for relaxation during warm evenings. The entrance hall leads you into spacious living areas including a light-filled lounge with a charming bay window and cozy gas fire. The kitchen, while in need of modernization, offers a practical layout with access to the garden. Both bedrooms are comfortably proportioned, providing ample space for furnishings. The bathroom is functional yet ready for an upgrade, presenting further potential for enhancement. Externally, the property is set back from the road with secure gated access and ample parking space. A mature garden adds appeal and outdoor enjoyment. This bungalow is not just a home; it's a blank canvas waiting for transformation in an excellent location.

Investment analysis

(NG16 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£286/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£171,208
10% above area average per sq ft
Potential ROI
-25.6%
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

Wood Street,Eastwood,Nottingham,NG16 3DD
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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
£718
Based on a loan of £142,500 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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