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Cherry Drive, Forty Green, HP9

East of England

£1,000,000

Listed on 08/07/2026

Property details

Bedrooms
4
Type
Detached
Area
1788 sqft

Description

This property, situated at the entrance of a sought-after private road in Forty Green, offers significant potential for both family living and investment. 'Little Charnwood' boasts a spacious layout with mature gardens that wrap around the home, providing a serene backdrop to modernize or expand as desired. The inviting entrance leads into a bright sitting room featuring a fireplace, with double doors opening onto the expansive garden—a prime spot for entertaining or relaxation. The versatile design includes an additional family room that can serve multiple purposes: a media space, playroom, or even a fourth bedroom if needed. The connected living spaces at the rear present an opportunity for creative renovation; particularly the dining room with garden views and an adjoining study conducive to home working. Upstairs features three generous bedrooms, including a principal suite with en-suite facilities. The property’s existing layout is functional and comfortable but could benefit from styling updates and possible reconfiguration to enhance its appeal. Outside, the mature gardens are not only a highlight but also provide ample space for landscaping projects or outdoor enhancements. The front driveway accommodates two vehicles leading to an oversized garage that presents opportunities for conversion into additional living space or storage solutions (subject to planning permissions). With excellent access to local amenities and schools, this property represents an attractive renovation opportunity in a prime location.

Investment analysis

(HP9 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£559/sq ft
Area Average
£606/sq ft
Avg Rent (weekly)
£829
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£1,191,389
10% above area average per sq ft
Potential ROI
+8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (HP9)

Area prices are falling by -6.3% over the last 12 months
3 year growth: +1.9%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on HP9 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

Cherry Drive, Forty Green, HP9
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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
£3,778
Based on a loan of £750,000 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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