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Lock Lane, Sandiacre

East Midlands

£50,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house is situated in the desirable residential area of Sandiacre, offering scenic views of the nearby canal. The property is in need of significant renovation, with recommendations for a complete refurbishment that could involve stripping the interiors back to the brick. This presents a fantastic opportunity for investors or those looking to create their ideal home from scratch. With a prime location providing easy access to local amenities such as Tesco, Asda, and Lidl, along with good schools and recreational facilities nearby, this property holds immense potential. Transport links are also strong, with close proximity to J25 of the M1 and East Midlands Airport, facilitating commutes to Nottingham and Derby.

Investment Analysis

(NG10 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.2%

Renovation Potential

Heavy 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
53
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG10)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +0.6%
5 year growth: +23.9%
Investment Disclaimer: Analysis based on NG10 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

Lock Lane, Sandiacre
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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
£177
Based on a loan of £37,500 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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