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Booth Lane | Boothville | NN3

East Midlands

£595,000

Listed on 22/06/2026

Property Details

Bedrooms
6
Type
Detached
Area
2790 sqft

Description

This expansive detached property, set on a substantial 0.42-acre plot, presents an intriguing opportunity for those looking to invest in a home with significant renovation potential. With no onward chain, it offers flexibility for families or multi-generational living arrangements. Encompassing nearly 2,790 sq ft of living space, the property has been extensively extended over the years yet still requires modernization to unlock its full value and charm. The ground floor features a spacious open-plan kitchen and dining area, perfect for family gatherings. Additionally, there is a separate living room and study that can be adapted for various uses—be it a home office or children’s play area. The characterful details typical of period homes are evident throughout, complemented by generous room sizes that enhance family comfort. Upstairs includes five well-sized bedrooms alongside a family bathroom, catering well to larger households. A standout aspect of this home is its self-contained annexe, which boasts independent accommodation complete with its own kitchenette and shower room. This could serve as an ideal space for relatives or guests seeking privacy. Surrounded by mature grounds for outdoor enjoyment and privacy, the property also includes an oversized detached double garage—providing options for storage or even a workshop—as well as ample parking spaces on the driveway. Opportunities like this are rare in competitive East Midlands markets; while the property does require cosmetic improvements, it’s poised to become an impressive long-term family residence once updated.

Investment Analysis

(NN3 area)

Below Market Value

This property is priced -27.1% below area average per sq ft

-27.1%
Potential saving
This Property
£213/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£897,222
10% above area average per sq ft
Potential ROI
+35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NN3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.8%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on NN3 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

Booth Lane | Boothville | NN3
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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
£2,248
Based on a loan of £446,250 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.

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