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Chapel Street, Barkestone-Le-Vale, Nottingham

East Midlands

£325,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This charming detached cottage presents a unique opportunity for renovation, situated in the serene village of Bakestone-Le-Vale. The property features a blend of period character and potential for modernization, making it an attractive proposition for investors or those seeking to create their ideal home. The accommodation begins with an entrance porch that leads into a dining room equipped with a Rayburn Rhapsody multi-fuel stove, which serves as both a heating source and an inviting focal point. This space seamlessly connects to the kitchen, featuring ample cabinetry, workspace, and direct access to the rear garden. The living room showcases a log-burning stove, adding warmth and character to the home. With three bedrooms on the upper floor, each presenting different possibilities for customization, this property offers flexibility for various living arrangements or guest accommodations. A family bathroom completes this level, equipped with modern amenities yet still allowing for personal touches. The outbuilding provides additional potential; currently divided into three areas and requiring renovation, it could be transformed into a workshop or studio space, enhancing the property's overall functionality. Outside, the generous garden includes a patio area ideal for outdoor entertaining, alongside well-maintained lawns and established borders. Located within a community-minded village setting, residents benefit from local amenities while enjoying peace and tranquility. The property's inherent charm combined with its renovation possibilities suggests significant long-term investment potential in this desirable location. With essential services such as oil central heating and mains utilities already in place, this cottage offers both comfort and opportunity for those willing to invest in its future.

Investment Analysis

(NG13 area)
Area Average
£297/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG13)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -3.9%
5 year growth: 12.2%
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

Chapel Street, Barkestone-Le-Vale, Nottingham
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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
£1,191
Based on a loan of £243,750 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