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Cromwell Crescent, Lambley, Nottingham - Image 1
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Cromwell Crescent, Lambley, Nottingham

East Midlands

£260,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
862 sqft

Description

This three-bedroom semi-detached home is situated on a substantial corner plot in the sought-after village of Lambley, making it an appealing option for families or investors seeking renovation opportunities. The generous outdoor space offers possibilities for extension and landscape enhancement, pending the necessary planning permissions. Entering the property, you are greeted by a hallway that leads to a spacious lounge filled with natural light. Adjacent to this area is a convenient downstairs WC, adding to the functionality of the layout. The kitchen at the rear of the home contains ample wall and base units, as well as room for freestanding appliances and a dedicated pantry for your storage needs. Notably, there is potential to expand this kitchen area by integrating an existing storage room that currently has outside access. The first floor features three bedrooms: two well-sized doubles and a third versatile room that could serve as a small double, nursery, or home office. The landing includes built-in storage solutions and provides access to the loft space via a hatch with ladder. A bathroom with a white three-piece suite rounds out the upstairs amenities. The exterior of the property is equally noteworthy. It boasts expansive lawned gardens on two sides, creating significant outdoor space that can be tailored to suit your vision. The current plans include removing the garage to enhance off-street parking options, further elevating its practicality. A low-maintenance rear patio garden offers additional outdoor leisure space and includes a timber summerhouse. Located in Lambley, residents benefit from both tranquility and excellent connectivity to nearby areas, enhancing its appeal as an investment property for those looking to capitalize on future renovations or expansion projects.

Investment Analysis

(NG4 area)

Above Market Value

This property is priced +19.8% above area average per sq ft

+19.8%
This Property
£302/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£238,709
10% above area average per sq ft
Potential ROI
-23.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NG4)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -1.4%
5 year growth: 27.5%
Investment Disclaimer: Analysis based on NG4 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

Cromwell Crescent, Lambley, 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
£952
Based on a loan of £195,000 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