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Baker Street, Creswell, Worksop, S80 4HQ

Yorkshire

£325,000
Listed on 05/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Set in the sought-after Baker Street area of Creswell, Worksop, this building plot presents an appealing opportunity for developers and investors seeking a promising project. Encompassing approximately 0.3 acres, the land has obtained planning permission for the construction of four semi-detached bungalows, each featuring dedicated parking spaces. The site is easily accessible via its own gateway from Baker Street, ensuring both convenience and privacy—features that are particularly valuable for prospective buyers looking for a secure living environment. The tranquil surroundings are complemented by close proximity to local amenities and transport links, making it an attractive prospect for future residents who value accessibility alongside peaceful living. Currently vacant, this plot allows for immediate development which can streamline your project timeline—an advantage for those eager to initiate construction without unnecessary delays. The approved designs include two-bedroom units that appeal to a wide demographic, enhancing the potential return on investment. Given the growing interest in the area, this site could also serve as an ideal setting for a small gated community. Notably, there are no existing structures on the property, allowing you complete flexibility in shaping your vision. With Bolsover District Council overseeing planning permissions, you have a supportive local authority poised to facilitate your project. Furthermore, potential access to services via Baker Street simplifies logistical considerations. This land offers not just a development opportunity but also a chance to contribute to the evolving fabric of this charming community in Creswell. Whether you aim to create a serene residential enclave or capitalize on investment potential within a thriving market, this plot stands out as an option worth exploring.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£400,000 - £600,000
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

Baker Street, Creswell, Worksop, S80 4HQ
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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
£1,191
Based on a loan of £243,750 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.

Next Steps

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