Ready-made investment with refurbishment potential close to Nottingham transport links.
Two self-contained flats; one per floor
Set on Exeter Road in Forest Fields, this Victorian mid-terrace has been split into two self-contained flats, each with a double bedroom, reception, kitchen and three-piece shower room. The layout offers immediate rental income or straightforward re-conversion back to a single family home, giving buyers flexibility.
The property is best suited to cash buyers and investors willing to carry out cosmetic modernisation. The building retains period features externally but many internal areas are dated and will benefit from updating; walls are solid brick with assumed no cavity insulation and double glazing was installed before 2002. Heating is gas boiler and radiators and services are connected to mains.
Location is well connected with fast broadband, good mobile signal and easy access to Nottingham city centre, making it attractive to students and professionals. However, the neighbourhood records above-average crime and sits within a very deprived area classification — these factors should be considered for lettings and resale.
Practical positives include low-maintenance courtyard, on-street parking, very low council tax banding and clear potential for value uplift after refurbishment or conversion back to a single dwelling. Buyers should budget for updating kitchens, bathrooms and general redecoration; confirm insulation and electrical/plumbing condition on survey.