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28 Church Lane, Underwood, Nottingham NG16 5FS - Image 1
28 Church Lane, Underwood, Nottingham NG16 5FS - Image 2
28 Church Lane, Underwood, Nottingham NG16 5FS - Image 3

28 Church Lane, Underwood, Nottingham NG16 5FS

East Midlands

£95,000Guide Price

Listed on 11/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached house, located opposite the historic Underwood Church, presents a compelling investment opportunity. The property is currently in need of extensive refurbishment and is offered with vacant possession. Internally, it features uPVC double glazing and gas central heating throughout. The layout includes a front sitting room, an inner lobby with stairs, a separate dining room, a fitted kitchen, and a bathroom equipped with a three-piece suite. On the first floor, an L-shaped landing leads to three well-proportioned bedrooms. There is potential to reconfigure the first floor to add an additional shower room or even a loft conversion, subject to planning permissions. Externally, the property is set back from the road and includes hard standing for a small vehicle. Gated pedestrian access leads to a yard with various outbuildings and a generous enclosed garden. The small village of Underwood offers a range of amenities and is conveniently located for easy access to the M1 motorway, providing good transport links to Nottingham and surrounding business centers. Offered at auction on 29 October 2026.

WHOTS analysis

Our WHOTS verdict

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

51out of 100
Grade DWeak opportunity

Confidence: LOW

This semi-detached house in Underwood offers a compelling investment opportunity, particularly given its low guide price of £95,000 compared to the local average of £242,665. While the property shows significant signs of neglect and requires extensive refurbishment throughout, this also presents a blank canvas for creative buyers looking to enhance its character and value.

The layout allows for potential reconfiguration, including the opportunity to convert the loft into additional living space or install an extra shower room, subject to planning permissions. The good-sized garden offers potential for outdoor improvements. However, be prepared for a full-gut programme, as the interiors are stripped and in poor condition, with visible damp issues and dated kitchen and bathroom fittings that need modernisation. This property is not just a renovation; it’s a project that can be transformed into a desirable home or rental investment.

Key opportunities

  • Scope for loft conversion or additional shower room to enhance living space
  • Good-sized garden with potential for landscaping and improvement
  • Opportunity to modernise dated interiors and create a unique character

Key risks

  • Stripped interiors and a £X–£Y works budget make this a full-gut programme, not a refresh.
  • Visible damp issues throughout require careful attention during renovation.

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Map

Location

28 Church Lane, Underwood, Nottingham NG16 5FS
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Finance

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

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£359
Based on a loan of £71,250 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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