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Newstead Terrace, Hucknall NG15

East Midlands

£165,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1103 sqft

Description

This three-bedroom semi-detached home offers significant renovation potential for those looking to make a personal imprint on their living space. The property features a spacious living room, ideal for both relaxation and social gatherings, complemented by three generously sized bedrooms that could easily serve as family rooms or dedicated office spaces. While the property is in need of comprehensive modernisation throughout, it stands as an excellent investment opportunity to enhance value and create a bespoke residence. The rear garden is notably sizable but currently overgrown, presenting an exciting chance for transformation into a family-friendly outdoor area or a vibrant garden retreat for enthusiasts. Additionally, the integral garage provides practical storage options and could be considered for conversion (subject to necessary permissions). This home is well-suited for buyers seeking a project with promising long-term rewards.

Investment Analysis

(NG15 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£150/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£308,906
10% above area average per sq ft
Potential ROI
+31.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -5.0%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on NG15 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

Newstead Terrace, Hucknall NG15
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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
£623
Based on a loan of £123,750 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

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