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Colwick Road, Nottingham NG2

East Midlands

£180,000
Listed on 21/04/2026

Property Details

Bedrooms
5
Type
Terraced
Area
1615 sqft

Description

This notable five-bedroom mid-terraced property in close proximity to Nottingham City Centre offers a promising opportunity for investors or homeowners keen on renovation. Spanning three floors, it features traditional sash windows that enhance its character. Entering the home, you are greeted by a spacious hallway that leads to a living room ideal for relaxation or entertaining. The adjacent dining room provides a perfect venue for family meals or gatherings, while a well-sized kitchen and utility room offer practicality with ample storage and workspace. On the upper levels, five sizable bedrooms allow for versatile use, whether as family rooms, guest quarters, or home offices. A functional three-piece bathroom adds convenience to the layout. Throughout the property, original features await your personal touch, making it an ideal blank canvas for modernization. The front courtyard and enclosed rear garden provide outdoor space with potential for enhancement and privacy, making this property a worthwhile investment for those looking to add value through thoughtful renovations.

Investment Analysis

(NG2 area)

Below Market Value

This property is priced -65.1% below area average per sq ft

-65.1%
Potential saving
This Property
£111/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£271
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£567,769
10% above area average per sq ft
Potential ROI
+146.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG2)

Area prices are falling by -4.9% over the last 12 months
3 year growth: +2.6%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on NG2 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

Colwick Road, Nottingham NG2
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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
£638
Based on a loan of £135,000 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.

Stamp Duty Calculator

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