Worst House on the Street Logo
Main Road, Gedling, NG4 - Image 1
Main Road, Gedling, NG4 - Image 2
Main Road, Gedling, NG4 - Image 3
Main Road, Gedling, NG4 - Image 4
Main Road, Gedling, NG4 - Image 5
Main Road, Gedling, NG4 - Image 6
Main Road, Gedling, NG4 - Image 7
Main Road, Gedling, NG4 - Image 8

Main Road, Gedling, NG4

East Midlands

£250,000

Listed on 27/05/2026

Property Details

Bedrooms
4
Type
Commercial Property
Area
1634 sqft

Description

This semi-detached commercial property presents a promising opportunity for investors or developers seeking to create value through refurbishment. Currently, the premises require general refurbishment across all levels. The layout comprises a ground floor showroom/retail unit, an office, three storage areas, and a WC, while the first floor houses an office space, kitchen, and bathroom. Two additional office spaces are located on the second floor. Gas central heating is installed throughout, supported by a combination boiler in the bathroom, and most windows feature UPVC double glazing—though some need replacement due to their age. The property offers off-road parking at the rear and is available with vacant possession. Notably, there is significant potential for conversion of the upper floors into residential accommodation while maintaining commercial use on the ground floor. This dual-use aspect could attract various buyers or tenants once renovated, making it a worthwhile project in a developing area.

Investment Analysis

(NG4 area)

Below Market Value

This property is priced -40.5% below area average per sq ft

-40.5%
Potential saving
This Property
£153/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£462,291
10% above area average per sq ft
Potential ROI
+54.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.7%
5 year growth: +25.5%
Investment Disclaimer: Analysis based on NG4 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

Main Road, Gedling, NG4
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£892
Based on a loan of £187,500 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates