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Sharrard Close, Underwood, Nottingham NG16 - Image 1
Sharrard Close, Underwood, Nottingham NG16 - Image 2
Sharrard Close, Underwood, Nottingham NG16 - Image 3

Sharrard Close, Underwood, Nottingham NG16

East Midlands

£300,000
Listed on 18/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached family residence presents a fantastic opportunity for those looking to invest in a property with great potential. Located in a sought-after area of the East Midlands, the home is conveniently situated near excellent schools and has easy access to major road links, particularly the M1 at junction 28. While the interior requires updating and modernisation, this allows new owners to personalize it according to their tastes and preferences. The layout includes an entrance hallway leading into a spacious living room that connects to a separate dining area, as well as a kitchen with utility space and essential downstairs WC. The first floor comprises four bedrooms and a family bathroom. Notably, there are two garages—an internal single garage and a detached double garage in the garden—ideal for use as a workshop or additional storage. The property also benefits from front and rear gardens, providing ample outdoor space along with private parking options. This home is perfect for someone looking to create their ideal living environment while adding value through renovations.

Investment Analysis

(NG16 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG16)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 5.7%
5 year growth: 27.5%
Investment Disclaimer: Analysis based on NG16 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

Sharrard Close, Underwood, Nottingham NG16
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE