# Detached bungalow for sale (NG12 5HU)

## Property Details

| Key | Value |
|-----|-------|
| Address | CHERITON, THELDA AVENUE, NOTTINGHAM, KEYWORTH, NOTTINGHAMSHIRE NG12 5HU |
| Price | £650,000 |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 81 m² |
| Last sold | £360,000 Oct 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 15/11/2032
- **Est. upgrade cost to C:** £13,363

### Recommendations
- A (£100 - £350)
- W1 (£800 - £1,200)
- C (£15 - £30)
- E (£15)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9050-2986-7094-2292-9065)

## Description

Guide Price £650,000 - £675,000

An exciting development opportunity, not to be missed.

These two detached bungalows have separate titles and occupy separate plots, which the vendor intends will now be sold as one "unit".

The site currently has no planning but will undoubtedly be of interest to investors and developers.

Situated in the highly regarded South Nottinghamshire village of Keyworth, the site is within easy reach of a wealth of facilities including shops, restaurants and sought-after schools. Local transport links and main road routes give access to Nottingham City Centre, Leicester and surrounding villages.

Viewing highly recommended

**Cheriton, Thelda Avenue, Ng12 5Hu** - 

**Open Entrance Porch** - With a UPVC DOUBLE GLAZED ENTRANCE DOOR opening to the:-

**Entrance Hall** - Parquet flooring.

**Breakfast Kitchen** - Fitted with a range of wall, drawer and base units, stainless steel sink and drainer unit with a mixer tap over, serving hatch to the lounge.

Windows to the rear and side elevations, vinyl floor covering, storage cupboard.

**Lounge** - Bay window to the front elevation, further window to the side elevation, open fireplace.

**Dining Room** - Two windows to the rear elevation, exposed floor boards, ceiling light point, radiator.

**Living Room** - Bay window to the front elevation, ceiling light point, coving to the ceiling, radiator.

**Separate Wc** - Window to the rear elevation. Fitted with a low flush wc.

**Bathroom** - Fitted with a bath with a shower attachment over, and a wash hand basin.

Window to the side elevation, tiling to the walls with inset mirror, radiator, shelved storage cupboard (with a light).

**Bedroom** - Window to the rear elevation, ceiling light point, coving to the ceiling, radiator.

**Outside** - To the front of the property the garden includes mature trees and shrubs. There is access to the entrance door.

The driveway provides off road parking and in turn gives access to the brick built garage.

To the rear of the property the garden includes a vegetable patch. There are two greenhouses.

**2 Rosehill, Ng12 5Gr** - 

**Entrance Porch** - With a ceiling light point, and a UPVC ENTRANCE DOOR opening to the:-

**Entrance Hall** - Ceiling light point.

**Lounge** - Bay window to the front elevation, radiator, ceiling light point, log burner set in a feature surround.

**Bedroom Two** - Bay window to the front elevation, radiator, ceiling light point.

**Bedroom One** - Bay window to the side elevation, radiator, ceiling light point.

**Bedroom Three** - Window to the side elevation, radiator, ceiling light point, exposed floor boards.

**Bathroom** - Fitted with a low flush wc, a wash hand basin, and a bath with a shower mixer tap and glazed screen over.

Window to the side elevation, part tiled walls, vinyl floor covering, heated towel rail, wall mounted medicine cabinet.

**Breakfast Kitchen** - Fitted with a range of wall, drawer and base units, stainless steel sink and drainer unit with a mixer tap over, space and plumbing for a washing machine, space for a fridge/freezer, a Range cooker.

Window to the side elevation, recently tiled flooring, two radiators, ceiling spot lights, bi-fold doors opening to the decked seating area of the rear garden.

**Outside** - There is gated access from Thelda Avenue to the front garden and entrance door. A pathway leads to the rear.

At the side of the property there is off road parking for up to three vehicles. There is also a garage.

To the rear of the property the garden is fully enclosed and includes a decked seating area and a lawn. There are two sheds and a storage area.

**Council Tax Bands** - For each property:-

Council Tax Band D. Rushcliffe Borough Council.

Amount Payable 2022/2023 £2,209.41.

**Uplift Note** - Interested parties should note that the current vendors are seeking an uplift of 15% for a 25 year term.

**Cheriton - Insurance Note** - We are advised that the property is currently being monitored for possible structural movement.

**Referral Arrangement Note** - Thomas James Estate Agents always refer sellers (and will offer to refer buyers) to Knights PLC, Premier Property Lawyers, Ives & Co, Curtis & Parkinson, Bryan & Armstrong, and Marchants for conveyancing services (as above). It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Thomas James Estate Agents would receive a referral fee of between £120 and £240 including VAT from them, for recommending you to them.

## Property Photos

- ![THELDA GARDEN](/listings/photos/128840000/477995) - THELDA GARDEN
- ![THELDA](/listings/photos/128840000/477996) - THELDA
- ![THELDA BEDROOM](/listings/photos/128840000/477997) - THELDA BEDROOM
- ![THELDA DINING](/listings/photos/128840000/477998) - THELDA DINING
- ![THELDA BATHROOM](/listings/photos/128840000/478000) - THELDA BATHROOM
- ![THELDA WC](/listings/photos/128840000/478002) - THELDA WC
- ![THELDA HALL](/listings/photos/128840000/478003) - THELDA HALL
- ![THELDA LOUNGE](/listings/photos/128840000/478005) - THELDA LOUNGE
- ![THELDA FRONT](/listings/photos/128840000/478006) - THELDA FRONT
- ![THELDA LOUNGE](/listings/photos/128840000/478008) - THELDA LOUNGE
- ![THELDA KITCHEN](/listings/photos/128840000/478011) - THELDA KITCHEN
- ![THELDA GARDEN](/listings/photos/128840000/478013) - THELDA GARDEN
- ![THELDA GARDEN](/listings/photos/128840000/478015) - THELDA GARDEN
- ![THELDA GARDEN](/listings/photos/128840000/478018) - THELDA GARDEN
- ![THELDA GARDEN](/listings/photos/128840000/478024) - THELDA GARDEN
- ![THELDA GARDEN](/listings/photos/128840000/478026) - THELDA GARDEN
- ![THELDA GARDEN](/listings/photos/128840000/478028) - THELDA GARDEN
- ![THELDA GARDEN](/listings/photos/128840000/478030) - THELDA GARDEN
- ![THELDA GARDEN](/listings/photos/128840000/478033) - THELDA GARDEN
- ![aerial.jpg](/listings/photos/128840000/478035) - aerial.jpg

## Floorplans

- ![THELDA.jpg](/listings/photos/128840000/478038) - THELDA.jpg

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHERITON THELDA AVENUE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HU | £360,000 | 24/10/2023 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 ASHLEY ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5FJ | £370,000 | 03/11/2025 | Detached |
| 5 WALTON DRIVE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5FN | £315,000 | 22/08/2025 | Detached |
| POTTER HOUSE NOTTINGHAM ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5FD | £592,000 | 18/03/2025 | Detached |
| [Same street] 8 THELDA AVENUE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HU | £362,000 | 08/12/2023 | Detached |
| [Same street] 2A THELDA AVENUE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HU | £270,000 | 01/12/2023 | Detached |
| 2 ROSE HILL, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5GR | £275,000 | 24/10/2023 | Detached |
| 2 BISHOPS CLOSE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5LS | £387,500 | 21/07/2023 | Detached |
| 3 WALTON DRIVE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5FN | £295,000 | 30/06/2023 | Detached |
| 3A DALE ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HS | £325,000 | 30/06/2023 | Detached |
| 3 CHURCH DRIVE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5FE | £510,000 | 05/05/2023 | Detached |
| 7 BISHOPS CLOSE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5LS | £391,000 | 05/12/2022 | Detached |
| 18 ASHLEY ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5FJ | £425,000 | 05/10/2022 | Detached |
| 17 WALTON DRIVE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5FN | £415,000 | 12/09/2022 | Detached |
| 7A DALE ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HS | £392,500 | 01/09/2022 | Detached |
| 83 NOTTINGHAM ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5GS | £370,000 | 31/08/2022 | Detached |
| 79 NOTTINGHAM ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5GS | £292,000 | 01/04/2022 | Detached |
| 17 BUNNY LANE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5JU | £350,000 | 07/03/2022 | Detached |
| 15 HAWTHORN CLOSE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5JP | £370,000 | 07/03/2022 | Detached |
| [Same street] CHARNLEY THELDA AVENUE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HU | £455,000 | 10/02/2022 | Detached |
| 35 BUNNY LANE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5JU | £390,000 | 28/01/2022 | Detached |
| ROSE COTTAGES 3 DALE ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HS | £273,000 | 28/01/2022 | Detached |
| [Same street] 9B THELDA AVENUE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HU | £175,000 | 28/09/2021 | Detached |
| 18 WOODLEIGH, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5NF | £159,950 | 28/09/2021 | Detached |
| 3A DALE ROAD, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HS | £238,000 | 09/07/2021 | Detached |
| [Same street] 9 THELDA AVENUE, KEYWORTH, NOTTINGHAM, RUSHCLIFFE, NOTTINGHAMSHIRE, NG12 5HU | £475,000 | 23/06/2021 | Detached |

**Street average:** £347,400 (5 sales)
**Area average:** £356,798 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £478,374 (75 Detached, NG12, 2024–2026)
- **Deviation:** +35.9%

## Rental Range

*ONS Price Index of Private Rents (Rushcliffe). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £929/mo
- **Realistic:** £1,032/mo
- **Optimistic:** £1,135/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Nottingham (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Manor Road, NG12 | £995/mo | 3 | 0.07 miles | OpenRent |
| 3 Bed Terraced House, West Close, NG12 | £1,100/mo | 3 | 0.16 miles | OpenRent |
| 3 Bed Semi-Detached House, Lambert Gardens, NG12 | £1,450/mo | 3 | 0.27 miles | OpenRent |
| 3 Bed Terraced House, Main Street, NG12 | £995/mo | 3 | 0.35 miles | OpenRent |
| 3 Bed Semi-Detached House, Mount Pleasant, NG12 | £1,100/mo | 3 | 0.58 miles | OpenRent |

**Average rent: £1,128/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.17% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 2%
- **Cost-to-rent:** 49.2×
- **Monthly cashflow:** £-1,595/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -10.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £8,025/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 2.8%
- **10y growth:** 37.8%

## House Price Index (HM Land Registry)

*Official index for Rushcliffe; Detached series; as of March 2026.*

- **1y growth (index):** 3.3%
- **5y growth (index):** 18.6%
- **10y growth (index):** 47.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
