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Cedar Road, Forest Fields, Nottinghamshire, Ng 7 NG7

East Midlands

£160,000
Listed on 25/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This spacious three-bedroom mid-terraced home is spread across three floors, offering a unique opportunity for those looking to invest or renovate. The property is available with no upward chain, allowing for a straightforward transaction that can accommodate both immediate occupancy and future enhancement. Situated in a well-connected area, this home benefits from proximity to essential amenities, public transport links, Nottingham Universities, and the City Hospital. This location not only adds convenience for personal living but also enhances its attractiveness as a rental property or resale investment. On the ground floor, you will find an entrance hall leading into two sizable reception rooms and a practical fitted kitchen that provides access to the cellar. The cellar presents an opportunity for additional storage or potential conversion into usable living space, subject to obtaining the necessary permissions. The layout of the ground floor creates a flexible environment suited to various lifestyles and preferences. Moving to the first floor, there are two comfortable bedrooms serviced by a family bathroom featuring essential amenities. The second-floor bedroom stands out as a versatile space; it can be utilized as a guest room, study, or master suite depending on your needs. Externally, the property features on-street parking and a manageable rear garden that offers an inviting spot for relaxation or entertaining guests. The low-maintenance garden design complements the property's overall appeal for both living and investment purposes. Overall, this residence not only serves as an excellent foundation for comfortable living but also stands as a prime candidate for renovation projects aimed at increasing its value in an evolving market. Whether you are an experienced investor or seeking your first project, this property has considerable potential waiting to be unlocked.

Investment Analysis

(NG7 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£314
Avg Yield
7.9%

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Monthly Sales
31
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NG7)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 10.7%
5 year growth: 28.5%
Investment Disclaimer: Analysis based on NG7 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

Cedar Road, Forest Fields, Nottinghamshire, Ng 7 NG7
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