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Elizabeth Park, Ironville NG16

East Midlands

£119,950
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
896 sqft

Description

This three-bedroom end-terrace house, situated on a corner plot, presents an excellent opportunity for renovation and investment. The property features a spacious kitchen/diner that invites modern upgrades and holds potential for open-plan living. The ground floor includes an entrance hall, a sizable living room, and a convenient downstairs WC, enhancing its functionality. Ascending to the first floor, you'll find three well-proportioned bedrooms and a three-piece bathroom that could benefit from contemporary enhancements. Outside, the front and rear gardens provide outdoor space with the rear garden offering side access that may allow for off-road parking (subject to planning permission). With no upward chain and plenty of scope for improvement, this home is ideal for buyers looking to add value through thoughtful updates.

Investment Analysis

(NG16 area)

Below Market Value

This property is priced -43.9% below area average per sq ft

-43.9%
Potential saving
This Property
£134/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£202
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£235,213
10% above area average per sq ft
Potential ROI
+62.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +3.2%
5 year growth: +23.0%
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

Elizabeth Park, Ironville NG16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £89,962 over 30 years at 4.06% 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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