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Park Lane, Owthorpe, Nottingham

East Midlands

£280,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This extended end-terraced property presents a unique opportunity for those looking to invest in a home with significant renovation potential. The spacious layout spans two floors, featuring an entrance hallway that leads to a dual-aspect living room enhanced by a wood-burning stove and French doors opening to the garden. The country-style kitchen includes solid wood work surfaces and ample space for modern appliances, while the adjoining second reception room offers versatility for various uses. A large conservatory, albeit in need of refurbishment, could serve as a delightful sunlit space overlooking the rear garden. On the first floor, three generously sized double bedrooms are complemented by a study and two bathrooms (one en-suite), providing ample accommodation for families or guests. Outside, the property sits on a substantial plot with a south-facing garden leading directly into expansive farmland, adding to its appeal. With LPG central heating and UPVC double glazing already installed, this home is well-equipped but could benefit from updating to align with contemporary standards. Its idyllic village setting offers stunning countryside views and convenient access to nearby towns and amenities. This property holds promising value for buyers willing to undertake renovations or enhancements, including the potential for further extensions subject to planning approval.

Investment Analysis

(NG12 area)
Area Average
£315/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.0%

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
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG12)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -4.1%
5 year growth: +1.8%
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

Park Lane, Owthorpe, Nottingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£992
Based on a loan of £210,000 over 30 years at 3.91% 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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