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Tamworth Road, Sawley

East Midlands

£370,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This substantial corner property presents a unique investment opportunity with planning permission already granted for the conversion into four self-contained apartments alongside a ground-floor retail space. The building’s current configuration includes a versatile retail unit on the ground floor, complemented by office and storage rooms on the upper levels. With an advantageous location offering excellent visibility and access to local amenities and transport links, this property stands out in a thriving area. The approved plans allow for the transformation of the upper floors into contemporary one- and two-bedroom apartments, which can attract rental income while maintaining commercial use on the ground floor. For those looking to capitalize further, there is potential for additional residential development or alterations to optimize the existing space. This property not only provides significant redevelopment opportunities but also has ample room for expansion or reconfiguration, making it appealing to developers and investors alike. Additionally, there's potential access to garden land at the rear, which might facilitate further parking solutions or even more apartments pending negotiations and planning approvals.

Investment Analysis

(NG10 area)
Area Average
£250/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
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
77%
Properties sold annually

Local Market Trend (NG10)

Area prices are falling by +2.5% over the last 12 months
3 year growth: 1.8%
5 year growth: 25.0%
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

Tamworth Road, Sawley
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,355
Based on a loan of £277,500 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