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Park Avenue, Annesley NG17

East Midlands

£190,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1081 sqft

Description

This semi-detached three-bedroom home presents a remarkable opportunity for those looking to enhance its appeal and value through renovation. Located in an accessible area with excellent transport links and close to local schools, it is well-suited for families, investors, or first-time buyers eager for a project. The layout includes a living area that opens out onto a garden, a kitchen equipped with essential units and appliances, three bedrooms providing ample sleeping space, and a family bathroom that requires updating. While the property is in need of modernisation, it offers a solid foundation and significant potential to be transformed into a stylish living space. The exterior features a driveway for off-road parking, along with a carport and an expansive rear garden—ideal for family gatherings or outdoor activities once revitalised.

Investment Analysis

(NG17 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£176/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£239,663
10% above area average per sq ft
Potential ROI
+11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NG17)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +6.5%
5 year growth: +27.4%
Investment Disclaimer: Analysis based on NG17 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

Park Avenue, Annesley NG17
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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
£673
Based on a loan of £142,500 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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