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Field Lane, Chilwell, Nottingham, NG9 - Image 1
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Field Lane, Chilwell, Nottingham, NG9

East Midlands

£400,000
Listed on 28/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1731 sqft

Description

This three-bedroom detached home is situated on a prominent corner plot in an attractive residential neighborhood, making it an appealing option for those looking to invest or renovate. Its strategic location offers easy access to well-regarded schools and local amenities, enhancing its appeal for families and potential tenants alike. Inside, the layout begins with an entrance porch that leads to a spacious hallway. The ground floor features a practical cloakroom/WC and a fitted kitchen accompanied by an adjoining utility room. The dual-aspect lounge/dining area is bright and airy, with large windows and patio doors that provide access to the garden, allowing natural light to flow through the space. Additionally, the property includes a UPVC double-glazed conservatory which adds versatility to the living areas. On the upper level, you will find three generously sized bedrooms along with a family bathroom that offers ample space for updating or personalizing. A staircase leads up to a loft hobby room, adding further potential for development into additional living space or storage. The exterior is equally noteworthy; a block-paved drive accommodates multiple cars and provides entry to an integral garage. The enclosed gardens wrap around the side and rear of the house, featuring well-maintained lawns, patio areas for outdoor enjoyment, mature trees, flower borders, and secure fencing—making it an inviting retreat. While this home benefits from double glazing and gas central heating, there is significant opportunity for modernisation throughout. With some renovation efforts, this property can be transformed into a stylish family residence tailored to individual tastes. The location enhances investment viability—proximity to excellent primary and secondary schools, convenient transport links including the Nottingham Express Tram system and Beeston train station with direct routes to London. It also offers easy access to major roadways like the M1 (Junction 25) and A52. For outdoor enthusiasts, nearby parks such as Attenborough Nature Reserve and Wollaton Park provide recreational options. Being sold with no onward chain adds further convenience for prospective buyers looking to make swift progress. This property stands out as a solid investment opportunity in a desirable area; early viewing is advisable for those interested in capitalizing on its potential.

Investment Analysis

(NG9 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£231/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£355
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£557,140
10% above area average per sq ft
Potential ROI
+29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG9)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -1.3%
5 year growth: 21.2%
Investment Disclaimer: Analysis based on NG9 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

Field Lane, Chilwell, Nottingham, NG9
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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
£1,465
Based on a loan of £300,000 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