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Castleton Close, Nottingham NG2

East Midlands

£235,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1273 sqft

Description

This four-bedroom end-terrace home presents a valuable opportunity for families, first-time buyers, and investors aiming to capitalize on a property with significant renovation potential in a sought-after area of Nottingham. Situated on a corner plot, the property boasts a wrap-around garden that not only provides outdoor space but also offers room for enhancement and personalization. Inside, the layout features two spacious reception rooms that facilitate comfortable family living and entertaining. The generously sized kitchen is equipped with ample workspace, while the downstairs W/C adds convenience. Multiple storage options are available throughout the home. Upstairs, there are three double bedrooms alongside one single bedroom and a family bathroom, all in reasonable condition yet ready for modern updates. Located in The Meadows, this property enjoys a prime position with excellent transport links, including access to the tram network and proximity to Nottingham railway station. The city center is just minutes away, making it easy to enjoy West Bridgford's array of shops, bars, and restaurants. Residents will appreciate the nearby riverside walks and green spaces that provide recreational opportunities. The area is served by well-regarded local schools and fosters a strong sense of community along with ongoing investment initiatives aimed at enhancing local amenities such as shops, leisure facilities, and supermarkets. With its blend of space, strategic location, and potential for improvement, this home invites those looking to make their mark in an evolving neighbourhood. Viewing is recommended to truly grasp both its current offerings and future possibilities.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -39.2% below area average per sq ft

-39.2%
Potential saving
This Property
£185/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£242
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£23,500 - £58,750
10-25% of property value
Target Value
£425,061
10% above area average per sq ft
Potential ROI
+44.7%
After renovation
Monthly Sales
51
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (NG2)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 13.4%
5 year growth: 54.8%
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

Castleton Close, Nottingham NG2
Map showing location of Castleton Close, Nottingham NG2
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