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Harby Lane, Colston Bassett, Nottingham, Nottinghamshire, NG12 - Image 1
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Harby Lane, Colston Bassett, Nottingham, Nottinghamshire, NG12

East Midlands

£450,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
923 sqft

Description

Manor Farm Cottage is a delightful period residence set in a substantial plot of approximately 0.2 acres, located in the esteemed village of Colston Bassett. The property comprises two reception areas, a kitchen, and a bathroom on the ground floor, along with two bedrooms upstairs, presenting an inviting layout that holds significant potential for renovation and extension. With modernization efforts, this cottage could be transformed into a stunning home tailored to contemporary tastes. This opportunity appeals to buyers with vision who wish to make their mark, with the added advantage of no upward chain facilitating a smooth purchase process. Colston Bassett is recognized as one of the premier addresses in the East Midlands, nestled within the scenic Vale of Belvoir in South Nottinghamshire. The village strikes an ideal balance between serene countryside living and convenient access to nearby regions like Leicestershire and Lincolnshire. Its rich history dates back to the Norman Conquest, lending character shaped through generations by notable custodians. The village's conservation status since the early 1970s aids in preserving its unique charm while accommodating thoughtful development. Known primarily for its agricultural roots, Colston Bassett boasts local enterprises such as Colston Bassett & District Dairy Limited, renowned for producing exceptional Stilton cheese. Residents can enjoy leisurely walks along public footpaths that meander through beautiful landscapes, while the local pub, recently revitalized under new ownership, provides a welcoming hub for both locals and visitors alike. Manor Farm Cottage offers an extraordinary chance to create a personalized home within this distinctive setting.

Investment Analysis

(NG12 area)

Above Market Value

This property is priced +55.4% above area average per sq ft

+55.4%
This Property
£488/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£300
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£318,500
10% above area average per sq ft
Potential ROI
-41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG12)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -3.0%
5 year growth: +2.6%
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

Harby Lane, Colston Bassett, Nottingham, Nottinghamshire, NG12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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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