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Flatts Lane, NG14

East Midlands

£285,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
893 sqft

Description

Nestled in the desirable village of Calverton, this adaptable three-bedroom detached bungalow presents a spacious layout with significant renovation potential. It serves as an excellent opportunity for families, downsizers, or investors seeking to enhance property value through modernization and improvements. The interior features a bright reception room that acts as the central living space, enhanced by French doors leading to a private rear garden, inviting ample natural light and fostering a relaxed atmosphere for social gatherings. The kitchen is functional with generous storage options and worktop space, catering well to daily routines. The accommodation includes three sizable bedrooms; the first two are suited for double beds while the third offers versatility as a child’s room, guest space, or home office. Additional amenities comprise a contemporary family bathroom, separate WC, and practical internal storage room. Externally, there’s a large gravel driveway at the front for secure off-road parking of multiple vehicles. The rear garden is enclosed and provides an appealing outdoor area ripe for landscaping or additional enhancements. Located in Calverton—a well-connected Nottinghamshire village known for its community spirit—this property benefits from access to various local shops, cafés, supermarkets, and quality schools ideal for families. Leisure activities abound with sports clubs and scenic countryside walks nearby. For city commuters, Nottingham city centre is easily reachable via regular bus services. This property holds strong investment potential: with light refurbishment efforts, it could significantly increase in value. Its detached nature combined with its location makes it appealing to buy-to-let investors or those wishing to undertake a renovation project in an area where demand for rental properties is robust.

Investment Analysis

(NG14 area)

Above Market Value

This property is priced +7.9% above area average per sq ft

+7.9%
This Property
£319/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£290,417
10% above area average per sq ft
Potential ROI
-6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (NG14)

Area prices are rising by +10.8% over the last 12 months
3 year growth: +19.1%
5 year growth: +23.1%
Investment Disclaimer: Analysis based on NG14 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

Flatts Lane, NG14
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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
£1,028
Based on a loan of £213,750 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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