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Nottingham, Nottinghamshire NG8 - Image 1
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Nottingham, Nottinghamshire NG8

East Midlands

£400,000
Listed on 27/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1117 sqft

Description

This four-bedroom detached home in the attractive area of Wollaton presents a unique opportunity for investors or families looking to customize a property with significant potential. While the home has recently been thoughtfully refurbished, there remains ample space for further enhancement and personal touch. The ground floor encompasses a spacious lounge and an impressive L-shaped kitchen/diner, ideal for both family gatherings and entertaining. The entrance hallway leads to a convenient downstairs WC, adding practicality to the layout. On the upper levels, you will find three sizable double bedrooms alongside a comfortable single bedroom, complemented by a modern four-piece family bathroom that reflects contemporary design. The exterior of the property is equally notable; the front garden features mature shrubs and provides access to a gated driveway and garage. The expansive rear garden includes a paved patio and a lawned area, along with an intriguing wartime bunker that could be creatively transformed into an entertainment space or a home office setup. With gas central heating and double-glazed windows throughout, this residence is well-prepared for modern living. Its location benefits from excellent public transport links with bus services nearby, direct tram access to Nottingham City Centre just two miles away, as well as easy routes to the M1 motorway and East Midlands Airport. This property stands as an excellent investment opportunity in one of Wollaton’s most sought-after areas—perfectly positioned for those ready to develop their vision in this promising home.

Investment Analysis

(NG8 area)

Above Market Value

This property is priced +33.4% above area average per sq ft

+33.4%
This Property
£358/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£307
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£329,783
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG8)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 8.2%
5 year growth: 21.9%
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

Nottingham, Nottinghamshire NG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 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