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Awsworth Lane, Cossall, Nottingham NG16 - Image 1
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Awsworth Lane, Cossall, Nottingham NG16

East Midlands

£500,000
Listed on 17/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a noteworthy investment opportunity, located on a 0.42-acre corner plot in Cossall, Nottinghamshire. Previously housing a public house that has been out of operation since 2022, the site is now primed for redevelopment following the grant of Full Planning Permission on December 3, 2025. Plans are in place for five detached family homes, each designed with modern living in mind and accommodating between four to five bedrooms across three stories. The proposed designs include spacious open-plan living areas leading to private gardens, along with well-appointed principal bedrooms featuring en-suites. With key amenities and transport links close by, especially with Ilkeston and Kimberley just a short distance away, this site is not only well-positioned but also offers extensive potential for capital growth in a semi-rural setting. The area is experiencing some development activity, notably the nearby Avant Homes project, which could further enhance the appeal of this investment.

Investment Analysis

(NG16 area)
Area Average
£237/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +4.6%
5 year growth: +25.2%
Investment Disclaimer: Analysis based on NG16 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

Awsworth Lane, Cossall, Nottingham NG16
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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