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Commercial Road, Nottingham

East Midlands

£585,000

Listed on 15/10/2026

The listing

Property details

Bedrooms
16
Type
Detached

Description

A substantial building in Bulwell, Nottingham, offered as a residential conversion project. Planning permission is stated to have been granted by Nottingham City Council in April 2021 for 11 self-contained apartments, comprising six one-bedroom and five two-bedroom units across the ground and first floors, with associated external alterations and provision for bin and cycle storage. The building is described as a bare shell, with internal construction and fitting-out required to deliver the proposed scheme. The approved layout provides a framework for a purchaser to progress the conversion and select finishes for a rental or resale approach. Planning details and the current status of the permission should be checked with the relevant authorities before proceeding. The property is close to Bulwell town centre and its shops, supermarkets, schools and everyday services. The listing also notes access to Bulwell railway station, tram and bus services, as well as the A610 and routes towards the M1. The agent quotes estimated rents for the proposed apartments, but these are subject to market conditions and should be independently assessed.

WHOTS analysis

Our WHOTS verdict

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

41out of 100
Grade ELow opportunity

Confidence: LOW

This is a substantial bare-shell conversion project, with planning permission stated for 11 apartments: six one-bedroom and five two-bedroom homes. The stripped interiors, exposed structure and incomplete floors and services leave scope to shape the fit-out around that proposed layout, while the enclosed courtyard offers room for improvement. The pitched tiled roof shows no obvious major failure in the available exterior views; the planning permission and its conditions should be verified.

The overall WHOTS score is 41/100 (E, Low Opportunity), with good fundamentals and location offset by the scale of the work and elevated risk. Floor area is missing, so value versus local £/sqf cannot yet be judged; renovation economics also cannot be assessed from the available figures.

Key opportunities

  • Create the proposed mix of six one-bedroom and five two-bedroom apartments, with scope to choose the internal specification and finishes.
  • The substantial two-storey corner building and its prominent frontage provide a distinctive canvas for the conversion.
  • Improve the enclosed courtyard and incorporate the proposed bin and cycle storage into the finished scheme.

Key risks

  • The stripped rooms, exposed floor joists, open floor areas, debris and incomplete services point to a full construction and fit-out programme, not a cosmetic refresh; budget and programme will need to reflect the scale of the job.
  • Floor area is missing, so value versus local £/sqf cannot be judged; renovation economics are also insufficiently evidenced.

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Map

Location

Commercial Road, Nottingham
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Finance

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

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,210
Based on a loan of £438,750 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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