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Westminster Drive, Upper Saxondale, Radcliffe on Trent

East Midlands

£600,000
Listed on 13/05/2026

Property Details

Bedrooms
4
Type
Character Property
Area
4523 sqft

Description

An intriguing opportunity presents itself with this former chapel, spanning approximately 4,523 sq ft, ripe for thoughtful redevelopment. Nestled in the desirable Upper Saxondale area of Nottinghamshire, this property is ideal for investors looking to transform a unique building into residential spaces or other uses, pending the necessary planning approvals. The local council has provided encouraging feedback regarding potential conversions into two separate dwellings with parking, based on initial plans submitted. Originally built in the early 1900s as part of the Saxondale Hospital estate, this chapel exhibits remarkable architectural features that reflect its historical significance. With its soaring vaulted ceilings reaching an impressive 11 meters at the apex and adorned with original timber panelling and stained glass windows, the property boasts an atmosphere unlike any other on the market. The expansive internal area offers endless possibilities for reconfiguration, allowing for a bespoke renovation tailored to modern living. Current amenities include a fitted kitchen and essential WC facilities among auxiliary spaces that can serve as storage or utility areas. The generous scale not only provides flexibility for various conversion options but also opens up avenues for creative designs to enhance the building's intrinsic charm. Surrounding the chapel are attractive grounds characterized by mature trees that offer privacy and potential for landscaping enhancements or additional outdoor features like gardens or parking areas—subject to consent. Improved access around the rear could further elevate the site's appeal and functionality. Situated within a community rich in recreational facilities like tennis courts and parks, while being conveniently located near Radcliffe-on-Trent and Bingham’s amenities—including schools and transport links—the location adds significant value to this unique project. Essential services are reportedly connected to the property; however, prospective buyers should verify all details independently.

Investment Analysis

(NG12 area)

Below Market Value

This property is priced -57.7% below area average per sq ft

-57.7%
Potential saving
This Property
£133/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£300
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,560,752
10% above area average per sq ft
Potential ROI
+83.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Westminster Drive, Upper Saxondale, Radcliffe on Trent
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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
£2,141
Based on a loan of £450,000 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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