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Elm Avenue, Long Eaton, Nottingham - Image 1
Elm Avenue, Long Eaton, Nottingham - Image 2
Elm Avenue, Long Eaton, Nottingham - Image 3
Elm Avenue, Long Eaton, Nottingham - Image 4
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Elm Avenue, Long Eaton, Nottingham

East Midlands

£110,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This unique offering comprises two period semi-detached cottages, both requiring extensive renovation and structural work. Located in a desirable residential area near West Park, Long Eaton, these properties present an exciting opportunity for builders and developers looking to invest in a project with significant potential for transformation. The cottages benefit from their position within a well-established neighborhood and offer ample scope for refurbishment or redeveloping into modern living spaces (subject to obtaining the necessary planning permissions). Long Eaton itself is strategically positioned between Nottingham and Derby, providing easy access to excellent transport links including the M1 Motorway at Junction 25 and nearby railway services. This is a compelling investment chance that promises considerable enhancement opportunities and long-term value growth for cash buyers willing to take on the challenge.

Investment Analysis

(NG10 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£194
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (NG10)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 1.5%
5 year growth: 24.3%
Investment Disclaimer: Analysis based on NG10 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

Elm Avenue, Long Eaton, Nottingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE