Sutton Road, Kirkby-in-Ashfield, Nottingham, Nottinghamshire, NG17
BA

Sutton Road, Kirkby-in-Ashfield, Nottingham, Nottinghamshire, NG17

By Bairstow Eves

£ 540,000

Reviews

2 out of 5 stars

Bairstow Eves says ..

Located in this sought after area is this prime development land with planning permission for 6 dwellings. The site measures approximately 0.75 acre and has outline consent (V/2024/0121) with all matters reserved. A detached dwelling currently occupies the plot which is predominantly laid to gard...

Property Oracle says ..

This property on Sutton Road, Kirkby-in-Ashfield, is listed as a development opportunity. It includes a plot of land, measuring approximately 0.75 acres, and an existing dwelling. The land has planning permission for the construction of six dwellings, presenting a considerable potential for significant return on investment for a developer. The existing house appears dated and in need of substantial renovation or demolition. The property benefits from a convenient location; near good schools such as Ashfield Comprehensive and Orchard Primary School, and relatively close to Kirkby-in-Ashfield train station. However, the overall condition of the existing property, coupled with the significant investment required to either renovate or rebuild, means that the asking price reflects the potential for development, rather than the value of the current property. Potential buyers should carefully assess the costs associated with development, including demolition, construction, and potential delays, before making an offer. The final sale price will ultimately hinge upon the successful completion of the development project.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
221,400.00 £
Decreased by 7.85 %
from 240,248.00 £
Average area rental value
1,122.00 £/mo
Increased by 12.88 %
from 994.00 £/mo
Est rental Yield
6.08 %
Increased by 22.58 %
from 4.96 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
Ashfield Comprehensive SchoolAcademy ConverterGood0.49 KM
Orchard Primary School And NurseryCommunity SchoolOutstanding0.68 KM
Greenwood Primary And Nursery SchoolAcademy ConverterGood0.75 KM
Summer House Children'S CentreChildren's Centre1.24 KM
Leamington Primary And Nursery AcademyAcademy Sponsor LedGood1.34 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Meadow Close £ 000.00 KM
Highfield Avenue £ 140,00000.00 KM
Franderground Drive £ 220,00000.00 KM
Meadow Farm Close £ 000.00 KM
Willow Avenue £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Kirkby-In-Ashfield1867KKB1.87 KM
Sutton Parkway1861SPK2.74 KM
Newstead1863NSD6.58 KM
Mansfield1727MFT8.77 KM
Mansfield Woodhouse1728MSW9.80 KM

Nearby Properties

AddressPriceDistance
90 Sutton Road £ 510,0000.00 KM
84 Sutton Road £ 275,0000.00 KM
106 Sutton Road £ 140,0000.00 KM
94 Sutton Road £ 120,0000.00 KM
108 Sutton Road £ 115,0000.00 KM