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Hallfields, Edwalton, Nottingham, NG12

East Midlands

£475,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a unique investment opportunity with approved planning permission for significant expansion. Currently, it is a spacious three-bedroom bungalow located on a generous plot in Edwalton, Nottinghamshire, featuring off-road parking and a garage. The layout consists of a welcoming hallway, a living/dining area with ample natural light from large windows, three well-proportioned bedrooms, a shower room, separate W/C, and a functional kitchen. The front and rear gardens offer additional outdoor space that enhances the property's appeal. The current owners have undertaken some refurbishment work, including redecoration and new carpeting. However, the real potential lies in the granted planning permission to convert the loft and add extensions, which will transform it into an impressive five-bedroom residence with four bathrooms and an open plan kitchen/diner. This conversion would significantly increase both the living space and overall value of the property. Interested parties should consider viewing this rare project that combines immediate comfort with extensive renovation potential.

Investment Analysis

(NG12 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (NG12)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -0.9%
5 year growth: +4.9%
Investment Disclaimer: Analysis based on NG12 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

Hallfields, Edwalton, Nottingham, NG12
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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
£1,713
Based on a loan of £356,250 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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