We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · NG4 4PG
For saleReduced £50k (−8.3%) on 2 OctListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £600,000-£650,000 This extended detached family home occupies a significant plot of approximately 0.77 acres and is presented to the market with no upward chain, offering a rare opportunity for discerning buyers seeking a project property in a large parcel of land with potential for redevelopment in the highly sought after village of Lambley.
Positioned on the edge of open countryside, the property enjoys a peaceful setting while remaining conveniently close to popular schools, Mapperley’s excellent amenities and the stunning Gedling Country Park.
Full of potential, this would be ideal for those wishing to create a bespoke family residence or explore wider development opportunities (subject to the necessary planning and permissions).
The existing accommodation, whilst requiring renovation, is generously proportioned and has been previously extended.
Internally and on the ground floor, you’ll find two reception spaces, a kitchen and a shower room whilst upstairs, the home offers three double bedrooms, a dressing room and a further shower room.
An alternative floorplan has been provided within this listing to demonstrate a possible reconfiguration which would alter the current dressing room and shower room to provide a fourth private bedroom (also subject to any of the required planning or permissions).
Externally, a shared driveway leads to a block-paved private parking space as well as the rear garden via the side of the house.
Currently planted with a wide range of mature fruit trees, the plot provides a wealth of possibilities and currently incorporates a dilapidated two-storey outbuilding which has previously been the subject of pre-planning enquiries to explore the potential of creating self-contained ancillary accommodation.
Whether you are searching for a forever-home project or a unique development opportunity, this property represents a truly rare find in one of Nottinghamshire’s most desirable village locations.
Early viewing is highly recommended to appreciate the scale, potential and outstanding setting on offer.
To confirm, all proposals and alterations would be subject to the new owner(s) acquiring the neccessary permissions and planning.
No formal applications for further development/renovations have been made.
In addition, some personal possessions have been digitally removed from the internal images of the property to demonstrate proportions and layout.
Whilst every attempt has been made to retain finishes and position of current fixtures, some details may vary slightly.
Entrance Hall (4.78m x 1.79m) Lounge/Dining Room (9.60m x 3.58m) Dining/Sitting Room (3.6m x 3.6m) Kitchen (3.79m x 2.36m) Shower Room (2.83m x 1.51m) Landing (5.65m x 1.79m) Bedroom One (5.82m x 3.59m) Bedroom Two (3.62m x 3.61m) Bedroom Three (3.60m x 3.58m) Dressing Area/Potential Bedroom Four (3.80m x 2.37m) Shower Room (2.66m x 1.82m) Parking - Driveway Block-paved space for one vehicle accessed via a shared 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
Area
Agent & docs
.png)
FAQ
About 106 Spring Lane, Nottingham
Explore nearby