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Burnwood Drive, Wollaton NG8

East Midlands

£215,000

Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1542 sqft

Description

This three-bedroom property in Wollaton presents a promising opportunity for renovation and value enhancement. It features multiple reception areas, a separate kitchen, and an attached garage, making it ideal for those looking to reconfigure the space to better suit modern living. Recent structural assessments have been conducted, providing insight into the necessary works and ensuring potential buyers can make informed decisions. The layout includes a welcoming entrance hall leading to a front lounge and a bright main living room, as well as a conveniently positioned dining area adjacent to the kitchen — which is functional yet ripe for transformation into an open-plan format. Upstairs, you will find three generously sized bedrooms, including a spacious main bedroom and two additional rooms that could serve various purposes such as a nursery or home office. The family bathroom has been highlighted for refurbishment, offering further scope to elevate the home's overall appeal. Positioned in a desirable suburb known for its excellent schools and ample green spaces, this property is just moments away from local amenities and Nottingham city centre. Given its solid foundation and clear potential for improvement outlined in the survey report, this home is particularly suited for buyers eager to invest in their vision of a perfect residence.

Investment Analysis

(NG8 area)

Below Market Value

This property is priced -47.6% below area average per sq ft

-47.6%
Potential saving
This Property
£139/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£451,189
10% above area average per sq ft
Potential ROI
+70.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NG8)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +6.5%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on NG8 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

Burnwood Drive, Wollaton NG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£812
Based on a loan of £161,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-4.4% since listed
£215,000£10,000(-4.4%)
05/05/2026
Current price
£225,000Initial listing
04/04/2026

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