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Prestwick Close, Nottingham, Nottinghamshire NG8

East Midlands

£105,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
808 sqft

Description

This property presents a compelling opportunity for cash buyers looking to invest in a home with considerable renovation potential. Situated in a desirable neighborhood with easy access to shops, parks, and reputable schools, this residence is perfect for those who appreciate the value of practical updates and personal touches. The layout is spread over two floors, featuring a welcoming entrance and a spacious lounge that benefits from natural light. The separate kitchen offers direct access to the rear garden, enhancing outdoor living options. Upstairs, two generously sized bedrooms provide ample space, with an additional flexible room that could serve as a home office or nursery. A three-piece bathroom suite finishes the upper level. The property boasts both front and rear gardens along with designated parking; previously occupied by a garage now removed, there exists potential for further development (subject to necessary consents). While the double glazing and a relatively new boiler installed in 2019 are significant assets, minor repairs may be needed on the toilet and lounge windows—ideal areas for personal customization. With convenient access to essential local amenities including supermarkets and healthcare facilities, plus strong public transport links connecting you easily to the city center, this location caters well to families and professionals alike. Nearby parks offer space for leisure activities and relaxation. Given its non-standard prefabricated construction, prospective purchasers are encouraged to consult with qualified surveyors for thorough assessments. This property is available with no onward chain and awaits your vision for enhancement. A viewing is recommended to truly appreciate the possibilities on offer.

Investment Analysis

(NG8 area)

Below Market Value

This property is priced -51.8% below area average per sq ft

-51.8%
Potential saving
This Property
£130/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£303
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£239,532
10% above area average per sq ft
Potential ROI
+84.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NG8)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +5.0%
5 year growth: +9.3%
Investment Disclaimer: Analysis based on NG8 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

Prestwick Close, Nottingham, Nottinghamshire NG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£372
Based on a loan of £78,750 over 30 years at 3.91% 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.

Price History

-22.2% since listed
£105,000£5,000(-4.5%)
31/03/2026
Current price
£110,000£5,000(-4.3%)
18/03/2026
£115,000£5,000(-4.2%)
07/01/2026
£120,000£15,000(-11.1%)
10/12/2025
£135,000Initial listing
12/09/2025

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