3-bedroom detached house · NG16 2FD
For saleReduced £50k (−16.7%) on 24 SepListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extraordinarily rare opportunity to acquire a plot with derelict cottage within the highly coveted rural enclave of Moorgreen with planning approval to convert current property.
Full planning consents are already secured with Broxtowe Borough Council:Full Planning Permission (Ref: 22/00752/ful): Approved planning consent.
Certificate of Lawfulness (Ref: 23/00215/clup): Confirmation of lawful proposed development rights.
In addition to existing planning consent to alter the cottage, the generous plot offers exceptional potential for multi-dwelling redevelopment (STPP) if decide on this route.
Literary & Countryside Heritage: Nestled right in the heart of D.H.
Lawrence Country, Moorgreen Reservoir and the nearby Colliers Wood offer idyllic nature walks, wildlife watching, and scenic lakeside trails right on your doorstep.
Village Life & Dining: Enjoy a short stroll to renowned local country pubs, rustic eateries, and nearby farm shops offering fresh local produce.Transport & Commuting: Despite its peaceful setting, Moorgreen is exceptionally well-connected:A610 & M1 Motorway: Quick, direct access to Junctions 26 & 27 for easy commuting north and south.
Rail Links: Nearby Langley Mill and Hucknall train stations provide fast links into Nottingham city centre and beyond.
Schools & Local Amenities: A few minutes' drive brings you into neighbouring Eastwood and Watnall, which feature comprehensive shopping, supermarkets, doctors' surgeries, and highly regarded primary and secondary schooling.
Properties with this level of character, land potential, and active planning permissions in Moorgreen are almost impossible to come by.
Early viewing and inspection of planning documents are strongly advised.
Value & comps
No previous sales on record.
Returns
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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 41, Moorgreen, Nottingham
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