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Ridgway Street, St Anns, Nottinghamshire NG3

East Midlands

£125,000
Listed on 22/08/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terraced home features three bedrooms spread across three levels, presenting a solid opportunity for renovation and investment. Located in a well-established residential neighborhood known for its accessibility to Nottingham City Centre, this property is ideal for first-time buyers or investors seeking a project. On the ground floor, you will find a spacious living room that welcomes natural light through its front-facing window, creating a warm atmosphere. Adjacent is the fitted kitchen diner, which offers ample storage with wall and base units and provides direct access to the enclosed rear yard—a practical space that could be transformed into an inviting outdoor retreat. The first floor comprises two bedrooms along with a three-piece bathroom suite, equipped with essential amenities and potential for modernization. The second floor hosts a generously sized double bedroom that can serve as the main sleeping area or even a home office, catering to various lifestyle needs. The exterior includes an easy-maintenance rear garden surrounded by brick walls and fencing, offering some privacy while also accommodating gated access. With direct kerb access at the front, parking and movement in and out of the property are straightforward. This property comes with no upward chain, enabling quicker transactions for those looking to invest or make it their own. Its location provides excellent transport links to the city center, ensuring convenience for both personal commuting and attracting future tenants if utilized as a rental investment. Overall, this home presents significant potential for those willing to undertake updates or renovations. It’s certainly worth viewing to explore how you might enhance its appeal further.

Investment Analysis

(NG3 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£227
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£12,500 - £31,250
10-25% of property value
Monthly Sales
33
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG3)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 3.7%
5 year growth: 27.5%
Investment Disclaimer: Analysis based on NG3 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

Ridgway Street, St Anns, Nottinghamshire NG3
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