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Holly Court, Forest Town NG19 - Image 1
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Holly Court, Forest Town NG19

East Midlands

£40,000
Listed on 19/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This ground floor one-bedroom flat presents a significant opportunity for investors looking to undertake a renovation project. The property is in need of comprehensive modernization, making it a blank canvas for those with a vision to enhance its value. Inside, you will find an entrance hall leading to an expansive lounge, a kitchen equipped with fitted units, a comfortable double bedroom, and a family bathroom. An allocated parking space adds further convenience for potential tenants or homeowners. Located in the East Midlands, this property benefits from proximity to local supermarkets and essential amenities, ensuring that everyday needs are easily met. With no upward chain and available exclusively to cash buyers due to the remaining lease term, this flat is well-suited for those ready to invest in its transformation.

Investment Analysis

(NG19 area)
Area Average
£206/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NG19)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +7.2%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on NG19 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

Holly Court, Forest Town NG19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£142
Based on a loan of £30,000 over 30 years at 3.91% 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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