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Oleander Crescent, Cherry Lodge, NN3 8QP - Image 1
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Oleander Crescent, Cherry Lodge, NN3 8QP - Image 8
Oleander Crescent, Cherry Lodge, NN3 8QP - Image 9

Oleander Crescent, Cherry Lodge, NN3 8QP

East Midlands

£210,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
851 sqft

Description

This semi-detached property presents a noteworthy opportunity for renovation and potential investment. With a layout that includes an entrance hall, a spacious lounge, a kitchen/dining room, three bedrooms, and a bathroom, the home offers a solid foundation for modernization. Upon entering, you are welcomed into the hallway that sets the stage for the rest of the property. The lounge, measuring approximately 3.68m x 5.34m, features double glazed windows and access to the rear garden through a door, creating an inviting atmosphere with natural light. A gas fire adds warmth to this space, while adjacent storage contributes to functionality. The kitchen/dining room (2.79m x 5.23m) is equipped with both wall and base units alongside work surfaces ready for updates. Prospective buyers will appreciate the plumbing for a washing machine and space allocated for modern appliances such as a fridge/freezer. Upstairs, you'll find three bedrooms: two generously-sized rooms (the largest measuring 3.71m x 3.18m) offering pleasant views through double glazed windows, along with a smaller third bedroom suitable for various uses like a study or nursery. The bathroom showcases essential fixtures including a bath with shower overhead. Externally, the property is complemented by gardens both at the front and rear; the front garden features mature shrubs with off-road parking available via the driveway leading up to the garage equipped with an up-and-over door. The enclosed rear garden includes a paved patio area alongside lawned sections and additional greenery—ideal for outdoor enhancements or landscaping projects. Located conveniently for local amenities and transport links, this property not only offers comfortable living but also holds significant potential for those looking to invest in renovations that can increase value over time. Whether seeking to personalize your own space or capitalize on rental opportunities within this growing area, there are numerous paths forward.

Investment Analysis

(NN3 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£247/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£274,324
10% above area average per sq ft
Potential ROI
+14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NN3)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 0.7%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on NN3 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

Oleander Crescent, Cherry Lodge, NN3 8QP
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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
£769
Based on a loan of £157,500 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