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
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Metrics Year-on-Year
- Average area value
- 221,400.00 £Decreased by 7.85 %
- Average area rental value
- 1,122.00 £/moIncreased by 12.88 %
- Est rental Yield
- 6.08 %Increased by 22.58 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Bairstow Eves created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ashfield Comprehensive School | Academy Converter | Good | 0.49 KM |
| Orchard Primary School And Nursery | Community School | Outstanding | 0.68 KM |
| Greenwood Primary And Nursery School | Academy Converter | Good | 0.75 KM |
| Summer House Children'S Centre | Children's Centre | 1.24 KM | |
| Leamington Primary And Nursery Academy | Academy Sponsor Led | Good | 1.34 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Meadow Close | £ 0 | 0 | 0.00 KM |
| Highfield Avenue | £ 140,000 | 0 | 0.00 KM |
| Franderground Drive | £ 220,000 | 0 | 0.00 KM |
| Meadow Farm Close | £ 0 | 0 | 0.00 KM |
| Willow Avenue | £ 170,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Kirkby-In-Ashfield | 1867 | KKB | 1.87 KM |
| Sutton Parkway | 1861 | SPK | 2.74 KM |
| Newstead | 1863 | NSD | 6.58 KM |
| Mansfield | 1727 | MFT | 8.77 KM |
| Mansfield Woodhouse | 1728 | MSW | 9.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Sutton Road, Kirkby-in-Ashfield, Nottingham, Nottinghamshire, NG17 | £ 540,000 | BUY | 5 / 10 | 0.00 KM |
| Sutton Road, Kirkby-in-Ashfield, Nottingham, Nottinghamshire, NG17 | £ 240,000 | BUY | 6 / 10 | 0.00 KM |
| Sutton Road, Nottingham, NG17 | £ 590,000 | BUY | 7 / 10 | 0.16 KM |
| Sutton Road, Kirkby-in-Ashfield, Nottingham, Nottinghamshire, NG17 | £ 230,000 | BUY | 7 / 10 | 0.16 KM |
| Copeland Road, Kirkby-in-Ashfield, Nottingham, Nottinghamshire, NG17 | £ 240,000 | BUY | 7 / 10 | 0.24 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 90 Sutton Road | £ 510,000 | 0.00 KM |
| 84 Sutton Road | £ 275,000 | 0.00 KM |
| 106 Sutton Road | £ 140,000 | 0.00 KM |
| 94 Sutton Road | £ 120,000 | 0.00 KM |
| 108 Sutton Road | £ 115,000 | 0.00 KM |