Elm Avenue, Long Eaton, Nottingham
East Midlands
£120,000Guide Price
Listed on 06/10/2026
Listed on 06/10/2026
The listing
Property details
Bedrooms
6Type
DetachedArea
1033 sqftDescription
Offered at auction, this lot comprises two period three-bedroom semi-detached cottages in Long Eaton, marketed for builders and developers. Both properties are described as requiring renovation and structural repair, with scope for refurbishment or reconfiguration, subject to any necessary consents. The cottages are near West Park, with access to Long Eaton railway station, the A6005 and M1 Junction 25, and connections to Nottingham and Derby.
The sale is for cash buyers, with a six-week completion period. Bidders should review the legal pack and check all additional charges and sale conditions before bidding. Any redevelopment or reconfiguration would require the relevant feasibility checks and consents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
77out of 100
Grade BGood opportunity
Confidence: MEDIUM
At a £120,000 guide price, this pair of period cottages is exceptionally cheap against the local £/sqf benchmark, giving a buyer a low entry point for a substantial project. The photographed rooms are generally usable but dated, with visible cracking in a kitchen and a bedroom; the listing also states that structural repair is required, which needs proper investigation. The main roof slopes look broadly maintained in the photos, while the rear outbuilding roof covering is deteriorated.
There is scope to refresh and rework the two cottages, making the most of their period character, multiple living areas and bedrooms, and the garden setting. The £45,000–£120,000 renovation range signals a full-gut scale of work rather than a cosmetic update. Bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Acquire two period cottages at a guide price substantially below the local £/sqf benchmark.
- Rework and improve the pair of cottages, using their period character and multiple living areas and bedrooms to shape the finished homes.
- Make use of the garden setting while assessing whether to repair or remove the small rear outbuilding.
Key risks
- The £45,000–£120,000 works range and stated structural repair requirement make this a substantial, investigation-led programme, not a cosmetic refresh; allow for budget and programme uncertainty.
- Visible cracking in a kitchen and a bedroom needs assessment alongside the structural repair requirement.
- The small rear outbuilding has a visibly deteriorated roof covering and may need repair or removal.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% interest
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