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Field Lane, Chilwell, Nottingham NG9 - Image 1
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Field Lane, Chilwell, Nottingham NG9

East Midlands

£400,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1731 sqft

Description

This three-bedroom detached home is situated on a desirable corner plot in a popular residential area, making it an attractive investment opportunity. The property features an entrance porch that leads into a welcoming hallway with a cloakroom and WC. The fitted kitchen includes an adjoining utility room, while the spacious lounge/dining area benefits from dual aspects and patio doors that open onto the garden, enhancing natural light throughout the space. A UPVC double-glazed conservatory adds further potential for additional living or leisure space. Upstairs, you'll find three generously-sized bedrooms along with a family bathroom. An accessible loft hobby room can be converted to suit your needs, adding more value to this home. Externally, the property boasts a large block-paved driveway capable of accommodating several vehicles and leads to an integral garage. The enclosed gardens at the side and rear provide ample space for landscaping or recreational use, featuring mature trees and flower borders that could be revitalized with some attention. While the house is equipped with double glazing and gas central heating, there is significant scope for modernisation and personal design touches to transform it into an appealing family residence. Its prime location offers easy access to reputable schools, local amenities, public transport options including Beeston train station and tram services, as well as thoroughfares like the M1 and A52 for convenient commuting. Overall, this property presents a compelling renovation prospect in a sought-after neighbourhood.

Investment Analysis

(NG9 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£231/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£355
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£557,140
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG9)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -1.3%
5 year growth: 21.2%
Investment Disclaimer: Analysis based on NG9 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

Field Lane, Chilwell, Nottingham NG9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 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