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See how verdicts workProperty · NG5 3GE
For saleReduced £10k (−10%) on 9 OctListed 261 days
Opportunity summary
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About
*** OFFERS IN REGION OF £130,000 - BUILDING PLOT AVALIABLE*** A unique opportunity to acquire a building plot with planning consent for a two bedroom house on top of an existing garage on 39 Mapperley Rise, Nottingham.
Situated in the fantastic Sherwood area, known for its bustling high street and excellent schools, this plot is ideal for developers or self-builders.
*** OFFERS IN REGION OF £130,000 *** BUILDING PLOT AVAILABLE*** AN INTERESTING OPPORTUNITY HAS ARISEN TO PURCHASE A SINGLE BUILDING PLOT WITH PLANNING CONSENT A TWO BEDROOM HOUSE ABOVE AN EXISITNG GARAGE.
Land at 39 Mapperley Rise, Sherwood, Nottingham. Planning permission was granted on 14th December 2023 Planning Reference No.
23/00873/PFUL3 where documents and drawings can be found as to the detailing of the new dwelling. Sherwood is a highly sought-after residential area located just north of Nottingham's city centre.
Known for its stunning Victorian and Edwardian architecture, bustling high street, and excellent schools. It offers a peaceful and exclusive setting for those seeking a luxurious lifestyle.
The area boasts a range of properties, from grand period homes to modern apartments, all within easy reach of local amenities and excellent transport links.
With its rich history and beautiful surroundings, Mapperley is truly a unique location to call home.
This opportunity is ideal for small developers as well as self-builders looking to create their own property.
Entrance/Driveway - Double gated entrance from Mapperley Rise, stone and gravelled driveway for multiple cars, access to the garage.
Garage - 4.081 x 6.208 approx (13'4" x 20'4" approx) - Double garage with up and over door to the front elevation, power and lighting. Land - Steps leading to the lawned land space.
Planning permission was granted on 14th December 2023 Planning Reference No. 23/00873/PFUL3 where documents and drawings can be found as to the detailing of the new dwelling.
PLOT WITH THE BENEFIT OF GRANTED PLANNING PERMISSION FOR A NEW DWELLING
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Land at Mapperley Rise, Sherwood
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