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Aslockton Road, Scarrington

East Midlands

£950,000
Listed on 20/10/2025

Property Details

Bedrooms
5
Type
Detached
Area
3423 sqft

Description

This property presents a remarkable opportunity for those looking to invest in a spacious family home with significant renovation potential. Nestled in a serene setting, the house features an expansive rear garden that promises complete privacy and ample outdoor space. More intriguingly, there is a detached barn on the premises which has received planning permission for conversion into a leisure complex, potentially including an indoor swimming pool and additional facilities. The groundwork has already been laid, providing a head start for future development.

Inside the main residence, you will find three reception rooms that enhance the living space, and a well-appointed breakfast kitchen equipped with modern appliances. The layout includes five bedrooms, two of which boast en-suite bathrooms, making it ideal for family living while offering options for customization to suit your personal taste.

The double garage offers additional versatility with potential as a home office or games room due to its integral staircase leading to a spacious upper floor. Security features add peace of mind, with an established alarm system and outdoor lighting complementing the gated parking area at the front.

This charming home is perfect for buyers who appreciate details and wish to put their own mark on the property while enjoying the benefits of rural living coupled with proximity to local amenities and transport links.

Investment Analysis

(NG13 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£278/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£263
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,114,529
10% above area average per sq ft
Potential ROI
+6.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG13)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -9.6%
5 year growth: +1.3%
Investment Disclaimer: Analysis based on NG13 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

Aslockton Road, Scarrington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,365
Based on a loan of £712,500 over 30 years at 3.91% 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

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