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Coleby Avenue, Nottingham NG7 - Image 1
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Coleby Avenue, Nottingham NG7

East Midlands

£195,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
698 sqft

Description

This traditional three-bedroom home offers a valuable opportunity for buyers and investors aiming to create their ideal living space or enhance the property’s market potential. The practical layout includes a bright living room with a feature fireplace and ample space for both lounging and dining, making it versatile for various lifestyles. The kitchen, while functional with existing units and appliances, presents clear potential for modernisation, whether through reconfiguration or updating finishes to transform it into a contemporary kitchen-diner that meets today’s standards. Upstairs, the three bedrooms provide flexible accommodation options—ideal as family rooms, guest spaces, or even as dedicated home offices. A first-floor WC adds convenience to daily life. The enclosed rear garden features both patio and lawn areas, which can be further developed into an appealing outdoor retreat with minimal upkeep required. Situated in a well-established residential neighbourhood of Nottingham (NG7), this property is conveniently located near local shops, schools, and public transportation links. Its proximity to major employers such as the University of Nottingham and the Queen's Medical Centre ensures lasting rental appeal, making it particularly attractive for investors looking for properties that can generate consistent returns. With cosmetic upgrades and thoughtful renovations, this home not only caters to first-time buyers but also represents a strong investment opportunity in a sought-after area.

Investment Analysis

(NG7 area)

Above Market Value

This property is priced +25.3% above area average per sq ft

+25.3%
This Property
£279/sq ft
Area Average
£223/sq ft
Avg Rent (weekly)
£358
Avg Yield
9.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£171,181
10% above area average per sq ft
Potential ROI
-27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG7)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -3.8%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on NG7 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

Coleby Avenue, Nottingham NG7
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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
£703
Based on a loan of £146,250 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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