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Cromwell Crescent, Lambley, Nottingham

East Midlands

£260,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
862 sqft

Description

This three-bedroom semi-detached property located in the sought-after village of Lambley presents a unique opportunity for renovation and expansion on its generous corner plot. With an advantageous position offering views of the picturesque countryside, this home is perfect for families or investors seeking to capitalize on its potential. The current layout features an entrance hall leading to a well-lit lounge and a practical downstairs WC. The rear breakfast kitchen, equipped with numerous wall and base units along with a pantry, offers considerable scope for enhancement, particularly if the adjoining storage room (currently accessed externally) is integrated into the kitchen space, pending planning permissions. Upstairs, there are three bedrooms; two spacious doubles and a versatile third that can serve as a small double, nursery, or home office. Built-in storage can be found on the landing alongside access to the loft. The bathroom comes fitted with a standard three-piece suite and an electric shower. The exterior boasts extensive garden areas on two sides, a separate garage (which may soon be removed to enhance parking options), ample off-street parking spaces, and a low-maintenance rear patio featuring a seating area and timber summerhouse. This property's size and flexibility offer significant investment potential with options for expansion and modernization.

Investment Analysis

(NG4 area)

Above Market Value

This property is priced +17.3% above area average per sq ft

+17.3%
This Property
£302/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£243,877
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.7%
5 year growth: +25.5%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£928
Based on a loan of £195,000 over 30 years at 3.97% 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

Price History

-3.7% since listed
£260,000£10,000(-3.7%)
14/11/2025
Current price
£270,000Initial listing
15/10/2025

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