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Victoria Avenue, Nottingham, Nottinghamshire NG2

East Midlands

£195,000
Listed on 09/09/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This semi-detached four-bedroom home offers a substantial opportunity for renovation and investment, ideal for both families and aspiring landlords. Nestled within close proximity to the city center, the property benefits from convenient transport links, local amenities, and access to reputable schools, making it a prime candidate for rental or resale. Spanning three floors, this property features a spacious layout that awaits modernization. The ground floor consists of an entrance hall leading to a bright bay-fronted living room, a separate dining room, and a fitted kitchen with direct access to a useful cellar for additional storage. The kitchen area is equipped with essential appliances and overlooks the rear garden through double-glazed windows. On the first floor, you will find the expansive master bedroom complete with its own en-suite bathroom alongside another well-sized bedroom and a family bathroom. The top floor adds two further bedrooms; one of them also includes an en-suite, enhancing its suitability as a multi-let investment or ample space for larger families. Outside, there is on-street parking available at the front of the house. The low-maintenance private rear garden features patio space ideal for outdoor relaxation or entertaining. While the property currently requires some refurbishment, this presents an excellent chance for investors to add significant value by tailoring the space to meet modern living standards. With its promising location and renovation potential, this home stands out as an attractive option for those looking to capitalize on capital growth or rental yield in a thriving area. Viewing is highly recommended to fully appreciate what this property has to offer.

Investment Analysis

(NG2 area)
Area Average
£304/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Monthly Sales
34
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NG2)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 14.1%
5 year growth: 28.4%
Investment Disclaimer: Analysis based on NG2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Victoria Avenue, Nottingham, Nottinghamshire NG2
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