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Watnall Road, Hucknall, NG15 - Image 1
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Watnall Road, Hucknall, NG15

East Midlands

£550,000
Listed on 16/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This significant plot on Watnall Road in Hucknall, Nottinghamshire presents a prime development prospect with approved planning permission (Reference Number V/2021/0172) for the construction of five two-bedroom and four three-bedroom residential homes, complete with designated parking facilities. In addition, the proposal includes a substantial commercial unit (B1) that also comes with associated parking arrangements. Each residential unit is designed to promote sustainability, providing secure cycle parking spaces to encourage eco-friendly transport. Hucknall boasts a well-regarded educational landscape, featuring esteemed institutions such as The Holgate Academy and The National Academy, appealing to families seeking quality schooling options. Excellent public transport links enhance the appeal of this location; multiple bus routes are easily accessible while tram services connect residents to nearby Nottingham city centre. The surrounding area of Bulwell Hall Estate offers a variety of community amenities including shops, schools, and recreational facilities such as parks and sports clubs. This site not only represents an opportunity for personal investment but also contributes to the ongoing community development in Hucknall, making it an attractive option for developers or investors looking to capitalize on the growth potential in this vibrant region.

Investment Analysis

(NG15 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.5%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on NG15 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

Watnall Road, Hucknall, NG15
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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
£2,015
Based on a loan of £412,500 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