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Greasley House, Greasley, Nottingham, NG16 - Image 1
Greasley House, Greasley, Nottingham, NG16 - Image 2
Greasley House, Greasley, Nottingham, NG16 - Image 3
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Greasley House, Greasley, Nottingham, NG16

East Midlands

£1,400,000
Listed on 30/12/2025

Property Details

Bedrooms
7
Type
Detached house
Area
6684 sqft

Description

Greasley House presents a compelling opportunity for buyers seeking a spacious family residence with substantial renovation potential. This former vicarage, built in 1869, has been adapted into a modern home while retaining many of its original architectural elements. While the current owners have enhanced various aspects over their 16-year tenure, including the installation of advanced technology such as integrated Sonos systems and CCTV, certain areas within the property still offer avenues for further modernization or personal customization. The well-proportioned 5941 sq.ft layout spans three floors, featuring six bedrooms and multiple living spaces that could benefit from updates or reconfiguration depending on your vision. The expansive loft space and cellar provide additional options for development (subject to planning permissions), making this property ideal for those looking to increase livable space. Set within approximately 5 acres of picturesque grounds that include formal gardens and paddocks, the exterior offers ample opportunities for landscaping improvements or outdoor enhancements. The existing planning permission for a solar array system adds an eco-friendly dimension to any future upgrades. Conveniently located near key transport links to Nottingham and beyond, Greasley House combines charm with significant investment potential in a desirable area.

Investment Analysis

(NG16 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£209/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,741,416
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +4.6%
5 year growth: +25.2%
Investment Disclaimer: Analysis based on NG16 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

Greasley House, Greasley, Nottingham, NG16
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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
£5,049
Based on a loan of £1,050,000 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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