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Cotgrave Road, Plumtree, Nottingham

East Midlands

£550,000
Listed on 14/04/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
2013 sqft

Description

This three to four-bedroom detached bungalow presents a promising opportunity for renovation and investment, nestled on a generous plot of approximately half an acre between the picturesque villages of Plumtree and Tollerton. While the property is well-maintained, it provides ample potential for cosmetic enhancements, layout reconfiguration, or even expansion (subject to obtaining necessary planning permissions). Imagine transforming the existing spaces into a modern home tailored to your lifestyle. The entrance is marked by a traditional porch leading into a spacious hallway adorned with original parquet flooring. The living room is bright and inviting, featuring patio doors that seamlessly connect to the expansive rear garden. The primary bedroom benefits from an en-suite bathroom, complemented by two additional double bedrooms and a snug that could serve as a fourth bedroom or study. The formal dining room and breakfast kitchen provide further flexibility in how you might choose to utilize these areas. Outside, you will find an extensive garden providing a serene retreat, alongside practical features such as a detached garage and workshop plus ample driveway parking. With easy access to local amenities and transport links while enjoying rural views, this property represents an exciting blank canvas for those looking to invest in their future.

Investment Analysis

(NG12 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£273/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£696,397
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
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

Cotgrave Road, Plumtree, 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
£1,948
Based on a loan of £412,500 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.

Stamp Duty Calculator

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