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Wellin Lane, Edwalton, NG12

East Midlands

£475,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached dormer bungalow presents an intriguing investment opportunity, particularly for those with a vision for modernisation. Boasting ample living space spread across two levels, the property is currently well-kept but could greatly benefit from updates to suit contemporary tastes. Located in a desirable neighbourhood within the East Midlands, it is conveniently accessible to local amenities, reputable schools, and transport options, appealing to families and commuters alike. The ground floor features a spacious living room enhanced by double French doors leading to an inviting garden area—ideal for blending indoor and outdoor living. A fitted kitchen and flexible dining room/third bedroom add to its potential for reconfiguration or refurbishment. The principal bedroom, alongside a dedicated study space, provides comfortable living quarters, while the first-floor bedroom and W/C highlight the bungalow's capacity for expansion or additional use. Outside, the property showcases an attractive front garden with established shrubbery and a private rear garden perfect for enhancements such as landscaping or outdoor entertaining spaces. With its generous accommodation and renovation potential, this bungalow is poised to transform into a long-term family home or rental investment.

Investment Analysis

(NG12 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£327
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NG12)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -2.2%
5 year growth: +2.7%
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

Wellin Lane, Edwalton, NG12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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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