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Marshall Street, Sherwood, Nottingham NG5 - Image 1
Marshall Street, Sherwood, Nottingham NG5 - Image 2
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Marshall Street, Sherwood, Nottingham NG5

East Midlands

£300,000
Listed on 13/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a noteworthy opportunity for development, encompassing approximately 855 square meters with planning permission already granted by Nottingham City Council. The current configuration includes garage outbuildings that would need to be demolished to make way for the proposed construction of four three-storey terraced houses. The location in Sherwood is one of the area’s strengths, with easy access to a diverse range of shops, restaurants, and bars that contribute to a lively community atmosphere. Families will appreciate the proximity to several well-regarded schools, while public transport links provide convenient connections to Nottingham City Centre, Nottingham City Hospital, and surrounding areas. The approved designs for the new homes promise modern living spaces featuring a lounge, an open-plan dining kitchen, four bedrooms—including en-suite options—and two bathrooms. Each unit is also planned to include a dedicated parking space and a manageable garden area set back from the road for added privacy. This property stands out as an appealing investment opportunity due to its approved development status, which significantly reduces the time and effort usually required in the planning phase. This allows for a more streamlined approach to bringing the project from concept to completion. Full plans and documentation can be provided upon request, or additional information is available through Nottingham City Council's planning portal using reference 23/00008/PFUL3.

Investment Analysis

(NG5 area)
Area Average
£243/sq ft
Avg Rent (weekly)
£227
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NG5)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 10.2%
5 year growth: 29.6%
Investment Disclaimer: Analysis based on NG5 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

Marshall Street, Sherwood, Nottingham NG5
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE