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Briarwood Avenue, Thorneywood, Nottingham NG3 - Image 1
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Briarwood Avenue, Thorneywood, Nottingham NG3

East Midlands

£190,000
Listed on 19/03/2026

Property Details

Bedrooms
4
Type
Chalet
Area
2065 sqft

Description

This extended detached dormer house presents a promising opportunity for modernization and investment. Featuring four generously sized double bedrooms—two conveniently located on the ground floor and two on the first floor—the layout supports both family living and potential rental configurations. The expansive L-shaped lounge diner is a notable highlight, offering ample space for reconfiguration to suit contemporary tastes. Below, there are practical storage areas and a workshop, enhancing the property's functionality. Accessed from the rear garden, these spaces could serve various purposes depending on your renovation plans. The property includes a kitchen equipped with essential appliances, although it would benefit from an update to meet modern standards. With a full bathroom and a separate toilet on the ground floor, there's room for improvement in terms of fixtures and finishes. Additionally, the outdoor area boasts parking for two vehicles along with a carport that has power and lighting—ideal for additional storage or workspace. The rear garden features both concrete hard-standing areas and a greenhouse, allowing for creative landscaping or gardening projects. Overall, this property is ripe for renovation to enhance its appeal, increase value, or adapt it to personal preferences.

Investment Analysis

(NG3 area)

Below Market Value

This property is priced -63.1% below area average per sq ft

-63.1%
Potential saving
This Property
£92/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£237
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£565,831
10% above area average per sq ft
Potential ROI
+146.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG3)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -4.0%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on NG3 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

Briarwood Avenue, Thorneywood, Nottingham NG3
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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
£685
Based on a loan of £142,500 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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