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Church Drive, Shirebrook, NG20

East Midlands

£110,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-storey terraced house presents a noteworthy opportunity for both first-time buyers and investors seeking a property with significant renovation potential. The layout of the home is both spacious and versatile, providing ample room to personalize and enhance. On the ground floor, you'll find a bright front lounge that flows into a second reception room, allowing for flexible use—whether as additional living space, a dining area, or even a home office. The fitted kitchen is located at the rear of the property, adjacent to a practical bathroom, making it an ideal spot to reimagine your culinary space. Moving upstairs, the first floor hosts two generously sized double bedrooms that can easily accommodate various configurations. The top floor features an additional double bedroom which offers privacy and could serve multiple purposes: as a guest room, children's room, or dedicated workspace. The property also includes on-street parking at the front and a private rear garden that provides a quiet outdoor retreat. Given its size and potential for modernization, this house invites creative updates that could significantly increase its value over time. Whether you're looking to establish your first home or exploring options for rental investment in a desirable area, this property is worth your consideration. With its solid foundation and layout ready for transformation, you have the perfect canvas to create something truly distinctive.

Investment Analysis

(NG20 area)
Area Average
£186/sq ft
Avg Rent (weekly)
£193
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG20)

Area prices are falling by +4.3% over the last 12 months
3 year growth: 4.3%
5 year growth: 25.3%
Investment Disclaimer: Analysis based on NG20 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

Church Drive, Shirebrook, NG20
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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
£403
Based on a loan of £82,500 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