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Conery Lane, Whatton

East Midlands

£340,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1600 sqft

Description

This individual detached bungalow presents a substantial renovation opportunity, set on a generous plot of approximately 0.28 acres in the East Midlands. With around 1,600 square feet of versatile single-storey accommodation, this property is primed for modernization to realize its full potential. Currently configured with three main reception spaces, a kitchen, two bathrooms, and potentially three bedrooms—alongside areas that could serve as an annexe—it offers significant adaptability for various living arrangements. The layout includes ample off-road parking facilitated by a sweeping driveway leading to an attached garage. The gardens are established but require maintenance and revitalization to enhance their appeal. Due to the bungalow's westerly aspect and the privacy afforded by the rear garden's southerly orientation, it promises a tranquil setting for future owners. Ideal for those with a vision, this property allows buyers to infuse their style and preferences into the house as they undertake comprehensive renovations. Its location near Whatton village and close proximity to amenities further highlights its investment promise.

Investment Analysis

(NG13 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£213/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£256
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£517,704
10% above area average per sq ft
Potential ROI
+20.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (NG13)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -5.8%
5 year growth: +7.2%
Investment Disclaimer: Analysis based on NG13 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

Conery Lane, Whatton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,226
Based on a loan of £255,000 over 30 years at 4.06% 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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