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Spring Lane, Farnsfield

East Midlands

£340,000

Listed on 02/09/2026

The listing

Property details

Bedrooms
3
Type
Chalet
Area
1091 sqft

Description

This well-appointed detached chalet property is nestled in a tranquil residential area, providing convenient access to the amenities along Main Street and throughout Farnsfield. The accommodation briefly comprises an entrance hall, a spacious lounge/dining room, a versatile study/office that can serve as a bedroom, and an open-plan kitchen/breakfast room. On the first floor, there are two additional bedrooms and a bathroom. Outside, the property features a single garage and a front lawned garden, complemented by a private enclosed rear garden. This delightful home presents a fantastic opportunity for modernization or extension, subject to obtaining the necessary planning approvals.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

28out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached chalet property in Farnsfield presents a solid opportunity for those looking to invest in a renovation project. While the asking price of £340,000 translates to £312 per square foot, it is notably above the local average of £236 per square foot, indicating a higher cost than the surrounding market. However, the property does offer a good-sized garden and potential for further development or modernization, making it a canvas for buyers with vision.

Internally, the house is undeniably dated, with a living space, kitchen, and bathroom all requiring significant updates. The overall condition may deter some buyers, but it provides an excellent opportunity for those willing to invest in improvements and create a more contemporary living space. Given the community amenities and good location, this property could be transformed into a delightful home with the right vision and effort.

Key opportunities

  • Good-sized garden that can be landscaped or developed further.
  • Potential for modernization across the dated interior.
  • Opportunity to extend the property, subject to planning approval.

Key risks

  • Asking price is higher than local £/sqf average, impacting potential value gain.

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Map

Location

Spring Lane, Farnsfield
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,284
Based on a loan of £255,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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