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See how verdicts work3-bedroom semi-detached house · NG4 4PJ
Listing removedReduced £10k (−3.8%) on 6 OctListed 536 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £260,000 -£280,000.
Development potential-generous corner plot his three-bedroom semi-detached home is located in the highly desirable village of Lambley with a generous plot having the potential to extend subject to the correct planning and building regulations.
Occupying a large corner plot with views of the surrounding countryside (which sits just a stone’s throw away), it offers excellent potential and with no upward chain, could be an ideal purchase for families or buyers looking to settle in a peaceful yet well-connected village.
N.B. It is worth noting that the vendors will remove the garage, this will create ample parking.
The ground floor welcomes you with an entrance hall, leading to a bright and comfortable lounge and a handy downstairs WC.
To the rear, the breakfast kitchen offers ample wall and base units, space for freestanding appliances and a separate pantry for extra storage.
The kitchen offers further potential to incorporate an existing storage room (currently accessed from outside) which could be opened up to create a larger space (subject to any necessary planning permissions).
Upstairs, you’ll find three bedrooms, including two well-proportioned double bedrooms and a third room suitable as a small double, nursery or home office.
The landing includes built-in storage and a loft hatch with ladder access. The bathroom is fitted with a white three-piece suite and an electric shower over the bath.
The property sits on a generous plot, offering a large lawned garden to two sides, a separate garage, ample off-street parking space and a low-maintenance rear patio garden with a seating area and a timber summerhouse.
EPC Rating: C Entrance Hallway (3.26m x 1.80m) Lounge (3.94m x 3.91m) Kitchen (3.79m x 3.33m) Wc (1.80m x 0.82m) Bedroom One (3.79m x 3.37m) Bedroom Two (3.93m x 3.01m) Bedroom Three (2.75m x 2.10m) Bathroom (1.95m x 1.70m) Parking - Garage Parking - Driveway Disclaimer These particulars are produced in good faith and are set out as a general guide only.
Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients.
As remuneration for this professional relationship, the agent receives referral commission from the third-party company.
David James Estate Agents receives the following commission from each third party supplier on a per referral basis: All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average) MoveWithUs Limited: £188 including VAT (average)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 39 Cromwell Crescent, Nottingham
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