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9-11 Carlton Road & Building to the rear of 16 Gateford Road, Worksop - Image 1
9-11 Carlton Road & Building to the rear of 16 Gateford Road, Worksop - Image 2
9-11 Carlton Road & Building to the rear of 16 Gateford Road, Worksop - Image 3
9-11 Carlton Road & Building to the rear of 16 Gateford Road, Worksop - Image 4
9-11 Carlton Road & Building to the rear of 16 Gateford Road, Worksop - Image 5

9-11 Carlton Road & Building to the rear of 16 Gateford Road, Worksop

Yorkshire

£365,000
Listed on 22/07/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Situated on a prominent main road into Worksop, this substantial mixed-use building presents significant opportunities for investment and development. The property comprises a double retail unit on the ground floor, complemented by extensive ancillary spaces across three levels that are ripe for conversion into residential units, subject to necessary planning permissions. The ground floor includes retail spaces measuring 25'3" x 19'8" and 22'9" x 15'2", along with multiple office areas, a kitchen, and storage facilities. Above, the first floor features several rooms that could easily be transformed for residential use. Additionally, there are two self-contained flats—one currently occupied under an Assured Shorthold Tenancy at £450 per month—and an external storage shed that could serve various purposes. Furthermore, there is planning permission in place for changing the use of a nearby former storage building into two dwellings, adding to the property's overall appeal as an investment opportunity in a developing area.

Investment Analysis

(S80 area)
Area Average
£185/sq ft
Avg Rent (weekly)
£168
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (S80)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 0.7%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on S80 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

9-11 Carlton Road & Building to the rear of 16 Gateford Road, Worksop
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,337
Based on a loan of £273,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE