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Gedling Road, Carlton NG4 - Image 1
Gedling Road, Carlton NG4 - Image 2
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Gedling Road, Carlton NG4

East Midlands

£295,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1397 sqft

Description

This semi-detached period home presents an intriguing opportunity for those interested in renovation and investment potential. Currently configured as two independent flats, the property features separate entrances and services for each unit, making it a versatile choice for either continued rental income or conversion back into a single spacious family home. The overall layout encompasses approximately 1,400 square feet of living space across both flats. The ground floor flat comprises a welcoming entrance hall with charming period tiling leading to a dual-aspect sitting room adorned with original features such as high ceilings, deep skirtings, and sash windows that invite ample natural light. The kitchen, positioned to overlook the side garden, offers good dimensions but requires modernization—ideal for someone looking to customize their culinary space. A former reception room is currently used as a double bedroom, complete with a bay window that adds character. On the first floor, the second flat also maintains original architectural details and comprises an attractive reception room that benefits from dual aspects. This level includes a kitchen large enough to accommodate dining options and offers further renovation potential. Two bedrooms provide flexibility for use as sleeping quarters or home office space; a well-sized bathroom rounds out this floor’s offerings. Set on an established corner plot with gardens on three sides, the property boasts pedestrian access from Gedling Road and vehicular access via a driveway at the rear. There is ample off-road parking available along with a detached double garage, enhancing its appeal for families or investors looking for practical amenities. Location-wise, this property is situated in close proximity to local amenities and essential services while also being conveniently near Nottingham city center. Carlton's charm lies in its historic roots linked to the textile industry; it now serves predominantly as a residential area while still offering easy commuting options thanks to its nearby train station. In summary, this property stands out not just for its character but also for its significant renovation potential—whether you choose to maintain it as two rental units or transform it back into a single-family residence. An exploration of possibilities awaits those willing to invest time and effort into this distinct piece of real estate.

Investment Analysis

(NG4 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£211/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£388,862
10% above area average per sq ft
Potential ROI
+3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.1%
5 year growth: 28.4%
Investment Disclaimer: Analysis based on NG4 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.

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Location

Gedling Road, Carlton NG4
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