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Marlborough Road, Kirkby-in-Ashfield, NG17

East Midlands

£180,000
Listed on 26/11/2025

Property Details

Bedrooms
6
Type
Detached house

Description

An exceptional opportunity has arisen to acquire a derelict former church, spread across two levels, that presents significant potential for redevelopment or alternative use, pending the necessary planning permissions. This expansive building serves as a blank canvas for investors and developers, allowing for a creative transformation into a unique residential or commercial space. The property features ample off-street parking at the front and is conveniently located near local amenities in Kirkby, enhancing its appeal for future projects. It's important to note that all services are currently disconnected and untested, which adds to the project's complexity. This property is particularly suited for those looking for a substantial renovation challenge or multi-use investment prospect. Cash buyers are preferred, and viewings are strictly by appointment only. EPC rating: G. Tenure: Freehold.

Investment Analysis

(NG17 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NG17)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 9.6%
5 year growth: 32.3%
Investment Disclaimer: Analysis based on NG17 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

Marlborough Road, Kirkby-in-Ashfield, NG17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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