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Land at Mapperley Rise, Sherwood

East Midlands

£130,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a compelling opportunity for developers and self-builders, featuring a building plot with approved planning permission for the construction of a two-bedroom house atop an existing garage. Located in the desirable Sherwood area of Nottingham, known for its vibrant high street and outstanding schools, this site offers a unique chance to craft a bespoke living space in a community renowned for its charm and architectural beauty. With planning authorization granted on December 14th, 2023 (Planning Reference No. 23/00873/PFUL3), detailed documents are available to guide prospective builders through the process. The plot benefits from a double gated entrance leading to a spacious stone and gravel driveway suitable for multiple vehicles while providing access to the double garage, which is equipped with power and lighting. The area’s rich history and appealing surroundings make it an excellent investment for those looking to develop in one of Nottingham's most sought-after neighborhoods.

Investment Analysis

(NG5 area)
Area Average
£246/sq ft
Avg Rent (weekly)
£221
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
103%
Properties sold annually

Local Market Trend (NG5)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 10.1%
5 year growth: 26.5%
Investment Disclaimer: Analysis based on NG5 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

Land at Mapperley Rise, Sherwood
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£469
Based on a loan of £97,500 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.

Next Steps

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