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Parkside, Manea

East Midlands

£125,000
Listed on 21/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This spacious four-bedroom property presents a unique opportunity for renovation or investment. Nestled within a small development, the building plot enjoys a favorable position and has previously held full planning permission under reference F/YR20/1239/RM, which has since lapsed. Given the ongoing development activity in the area, there is potential for the planning to be renewed, making this an appealing prospect for those looking to capitalize on its value. The plot dimensions are approximately 18 meters in width and 30 meters in depth, providing ample space for redevelopment or enhancement of existing structures. The setting benefits from proximity to local amenities, schools, and transport links, further increasing its attractiveness to future tenants or buyers. In addition to its structural potential, the property allows for customization that aligns with current market demands, making it an ideal candidate for investors seeking to maximize returns. With careful planning and execution, there’s significant potential to transform this space into a desirable living environment that meets modern standards. As part of the acquisition process, identity verification will be required through our partner company. This modest fee facilitates a smooth transaction as you navigate your investment journey. Interested parties are encouraged to conduct their own due diligence and assess how they can best leverage the opportunities presented by this versatile property.

Investment Analysis

(PE15 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£12,500 - £31,250
10-25% of property value
Monthly Sales
25
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PE15)

Area prices are falling by +2.3% over the last 12 months
3 year growth: 0.2%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on PE15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Parkside, Manea
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