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16 bed house for sale Commercial Road, Nottingham, NG6

Asking price

£585,000

Added on 21/10/2026

Type: Detached
Bedrooms: 16
Bathrooms: 11
Tenure: Ask agent

Key features

SUBSTANTIAL RESIDENTIAL DEVELOPMENT AND INVESTMENT OPPORTUNITY
PLANNING PERMISSION FOR THE CONVERSION INTO ELEVEN SELF-CONTAINED APARTMENTS
PROPOSED DEVELOPMENT COMPRISING SIX ONE-BEDROOM AND FIVE TWO-BEDROOM APARTMENTS
EXTENSIVE BUILDING CURRENTLY PRESENTED AS A BARE SHELL READY FOR CONVERSION
ACCOMMODATION ARRANGED ACROSS THE GROUND AND FIRST FLOORS
POTENTIAL TO CREATE A SUBSTANTIAL RESIDENTIAL RENTAL PORTFOLIO
ESTIMATED GROSS RENTAL INCOME OF APPROXIMATELY £92,100 PER ANNUM WHEN COMPLETED AND FULLY LET
APPROVED PLANS INCORPORATING BIN AND CYCLE STORAGE FACILITIES
CONVENIENT LOCATION CLOSE TO BULWELL TOWN CENTRE, TRAM, RAIL AND BUS CONNECTIONS
1. EXCELLENT OPPORTUNITY FOR DEVELOPERS AND INVESTORS LOOKING FOR A CONVERSION PROJECT

About this property

A substantial residential development opportunity in Bulwell, Nottingham, with planning permission for eleven self-contained apartments, comprising six one-bedroom and five two-bedroom units. Currently presented as a bare shell requiring conversion, the property offers excellent potential for developers and investors seeking to create a residential rental portfolio or individual apartments.AN EXCITING RESIDENTIAL DEVELOPMENT AND INVESTMENT OPPORTUNITY COMPRISING A SUBSTANTIAL BUILDING WITH PLANNING PERMISSION FOR CONVERSION INTO ELEVEN SELF-CONTAINED APARTMENTS, CURRENTLY PRESENTED AS A BARE SHELL READY FOR DEVELOPMENT.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,837
Band B

£2,143
Band C

£2,449
Band D

£2,755
Band E

£3,368
Band F

£3,980
Band G

£4,592
Band H

£5,511

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Nottingham, 2026/27 bills run from £1,837 a year in band A to £5,511 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Nottingham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

30 comparables · within 3 miles

Priced above 73% of the 5+ bed houses for sale nearby right now.

This home, £585,000 Median £412,500 · £284,500 – £1,250,000

Compared with 30 5+ bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Commercial Road, Nottingham, NG6

Open map Street View

Mortgage and stamp duty

Property price £585,000

£292k £878k

Deposit10% £59,000

£0 £585k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £526,000 mortgage. Most lenders would want a household income of about £117,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
149, Commercial Road Semi-detached	Semi-detached	Apr 2018	592 sq ft £133/sq ft	592 sq ft	£133	£78,500
149, Commercial Road Semi-detached	Semi-detached	Mar 2011	592 sq ft £98/sq ft	592 sq ft	£98	£58,000
147, Commercial Road Terraced	Terraced	Apr 2003	n/a	n/a	n/a	£44,995
147, Commercial Road Terraced	Terraced	Jun 2001	n/a	n/a	n/a	£17,500
151, Commercial Road Terraced	Terraced	Aug 1999	926 sq ft	926 sq ft	n/a	£14,680
155, Commercial Road Terraced	Terraced	Aug 1999	n/a	n/a	n/a	£53,095