Newcombe Drive, Arnold NG5
East Midlands
£80,000
Listed on 08/10/2026
Listed on 08/10/2026
The listing
Property details
Bedrooms
1Type
LandDescription
A development plot in a well-connected part of Arnold, offered with planning permission for a new dwelling under application 2021/1331. Building work has commenced, and the purchaser can investigate the approved scheme and continue the project towards completion. The listing describes the proposed home as a detached house and presents the site as an opportunity to build to the approved plans, subject to verifying the planning and building-control position, services, and the work already completed.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: LOW
This is a development plot rather than a renovation of an existing home: the photos show foundations and partial blockwork, with no completed or habitable dwelling. Planning permission is stated to have been granted and work started, so the opportunity is to continue the proposed scheme and create a new home to your own requirements. The visible site and garden are unfinished, and the existing works and consent position need careful verification.
Key opportunities
- Continue the partly built proposed dwelling and shape the new home to your requirements.
- Use the enclosed plot to complete the outdoor space alongside the build.
Key risks
- Foundations and partial blockwork, with no habitable accommodation shown, make this a full construction programme rather than a cosmetic project; establish the remaining budget and timeline.
- Verify the current planning consent, building-control position and adequacy of the existing works before proceeding.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£302
Based on a loan of £60,000 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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This calculation uses non-residential (land/commercial) tax rates.
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