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Mapperley Road, Nottingham

East Midlands

£60,000

Listed on 08/11/2024

Property details

Bedrooms
1
Type
Plot

Description

This property presents a compelling opportunity for developers and self-builders alike, featuring a building plot with approved planning consent for a one-bedroom detached bungalow. Located in the desirable Mapperley Park area of Nottingham, known for its elegant Victorian and Edwardian homes and serene tree-lined streets, this site is primed for investment. Planning permission was granted on September 14, 2022 (Planning Reference No. 22/01387/PFUL3), allowing you to bring your vision to life in an area celebrated for its architectural charm and vibrant community ambiance. The plot is adjacent to Ellis House, providing a level of exclusivity while remaining well-connected to local amenities and transport links. Mapperley Park is notable not just for its picturesque surroundings but also for its residential appeal, attracting those seeking both tranquility and connectivity to the city center. This location enhances the investment potential of the property; as demand for housing continues to rise in such sought-after neighborhoods, the opportunity here could yield significant returns. Utilities such as drainage, water, electricity, and gas are already connected, offering a seamless transition into construction upon purchase. This unique plot invites you to explore the possibility of creating a modern living space tailored to your specifications while capitalizing on this attractive location's future potential.

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Location

Mapperley Road, Nottingham
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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
£227
Based on a loan of £45,000 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

This calculation uses non-residential (land/commercial) tax rates.

Price History

-20.0% since listed
£60,000£9,950(-14.2%)
30/04/2025
Current price
£69,950£5,050(-6.7%)
11/03/2025
£75,000Initial listing
07/11/2024

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