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Rivermead, Wilford Lane, West Bridgford NG2

East Midlands

£125,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Flat
Area
949 sqft

Description

This first-floor apartment in the Rivermead development is nestled in a serene riverside location in West Bridgford, presenting an enticing opportunity for investors and first-time buyers seeking a refurbishment project. The three-bedroom layout includes a spacious living room, perfect for families or professionals needing additional workspace. A distinctive feature of this unit is its internal balcony, which enhances the living experience with pleasant river views. With the added convenience of designated car parking, accessibility to scenic riverside walks, and local amenities, this property holds significant potential. While the apartment requires updating, it offers a blank canvas for personalisation according to your preferences. Double glazing adds efficiency to the home, and with no onward chain, you can move forward quickly on this promising investment.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -57.6% below area average per sq ft

-57.6%
Potential saving
This Property
£132/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£324,079
10% above area average per sq ft
Potential ROI
+96.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 7.6%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on NG2 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

Rivermead, Wilford Lane, West Bridgford NG2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£458
Based on a loan of £93,750 over 30 years at 4.19% 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.

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