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Landmere Lane, Ruddington, Nottingham, Nottinghamshire, NG11 - Image 1
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Landmere Lane, Ruddington, Nottingham, Nottinghamshire, NG11

East Midlands

£450,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1507 sqft

Description

This classic three-bedroom detached house presents a significant renovation opportunity for investors and homebuyers alike. Situated on a generous approximately 1/3 acre plot, this property is positioned away from the main road, offering both privacy and potential for expansion or redevelopment, subject to planning permissions. The layout includes an entrance hallway leading to a living room, dining room, family room, kitchen, shower room, and a first floor with three bedrooms and a bathroom. The ample off-road parking and garage add further appeal, as does the expansive rear garden that could be transformed into an outdoor retreat. With no chain involved in the sale process, this property allows for a straightforward transaction. Ideal for those looking to create a personalised residence in a desirable East Midlands location.

Investment Analysis

(NG11 area)

Above Market Value

This property is priced +11.2% above area average per sq ft

+11.2%
This Property
£299/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£445,175
10% above area average per sq ft
Potential ROI
-17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NG11)

Area prices are falling by -10.7% over the last 12 months
3 year growth: -11.7%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on NG11 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

Landmere Lane, Ruddington, Nottingham, Nottinghamshire, NG11
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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.

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