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Douglas Avenue, Carlton, Nottingham, Nottinghamshire NG4 - Image 1
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Douglas Avenue, Carlton, Nottingham, Nottinghamshire NG4

East Midlands

£190,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
807 sqft

Description

This detached two-bedroom bungalow offers a unique opportunity for savvy investors or buyers wanting to make their mark in the East Midlands. Set on a spacious plot and providing a good degree of privacy, the property is well-maintained but does present exciting potential for modernization. The layout is flexible, featuring a central hallway that connects an inviting lounge with a prominent gas fire and large front window, allowing natural light to flood the room. The kitchen comes equipped with basic amenities, including wall and base units and space for additional appliances, but could benefit from an update to meet modern standards. The rear dining room is versatile enough to be transformed into a third bedroom if required, seamlessly connecting to both the garden via patio doors and an adjoining garden room, which serves as an ideal retreat or entertainment area overlooking the established garden. The bedrooms are both generously-sized with built-in storage, while the bathroom features essential fittings but may require updating for enhanced comfort and style. Outside boasts ample off-street parking alongside a low-maintenance front garden, with direct access to a garage equipped with an electric door. The rear garden is particularly attractive, featuring a patio area perfect for al fresco dining amidst vibrant mature plants. Although some modernisation is needed throughout the property, this bungalow presents an excellent canvas for transformation into a contemporary home tailored to individual tastes. It stands conveniently close to local amenities and transport links, making it not just a home but also an astute investment opportunity.

Investment Analysis

(NG4 area)

Below Market Value

This property is priced -8.8% below area average per sq ft

-8.8%
Potential saving
This Property
£235/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£229,115
10% above area average per sq ft
Potential ROI
+1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG4)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -1.3%
5 year growth: +27.0%
Investment Disclaimer: Analysis based on NG4 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

Douglas Avenue, Carlton, Nottingham, Nottinghamshire NG4
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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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