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Watery Lane, Dunholme

East Midlands

£450,000
Listed on 17/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2712 sqft

Description

This unique detached dormer bungalow is set in a picturesque beckside location, providing a serene environment for potential buyers. With four bedrooms and two bathrooms, this property offers a spacious ground-floor layout designed for versatile living, making it ideal for families or those considering multi-generational living arrangements. The home also features an impressive double garage extension, presenting excellent opportunities for conversion or expansion, subject to planning approval. The property's entrance leads into a welcoming hallway with practical features such as under-stairs storage and access to a convenient ground-floor shower room. The large lounge provides flexibility and is bathed in natural light thanks to its dual-aspect windows that overlook the tranquil setting. Key areas such as the kitchen diner and conservatory enhance the living space while allowing seamless interaction with the outdoors. The first floor houses additional bedrooms, each offering their own unique potential for enhancement or alteration to suit individual needs. Notably, one bedroom provides easy access to considerable storage and perhaps future development possibilities. The expansive gardens that wrap around the property enhance outdoor living potential while ensuring ample parking with its gravelled frontage. Dunholme, known for its community spirit and convenient amenities, adds further appeal to this home, making it not only a place to live but an investment opportunity waiting to be developed further.

Investment Analysis

(LN2 area)

Below Market Value

This property is priced -33.9% below area average per sq ft

-33.9%
Potential saving
This Property
£166/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£749,082
10% above area average per sq ft
Potential ROI
+49.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -7.0%
5 year growth: +1.9%
Investment Disclaimer: Analysis based on LN2 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

Watery Lane, Dunholme
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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