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Farmview Road, Kirkby in Ashfield

East Midlands

£159,995
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
917 sqft

Description

This three-bedroom property offers a unique chance for those interested in making their mark on a home with solid renovation potential. The layout is practical, featuring generous living spaces that cater well to families, first-time buyers, or savvy investors seeking to enhance value through modernization. On the ground floor, you’ll find a spacious lounge that invites comfort and family gatherings, along with a kitchen equipped with essential wall and base units. The kitchen also provides direct access to the enclosed rear garden—a versatile outdoor space that presents an excellent opportunity for landscaping or creating an inviting outdoor retreat. Upstairs, the property includes three well-sized bedrooms. The main bedroom is situated at the front of the house, while the second bedroom overlooks the rear garden, ensuring a serene atmosphere. The third bedroom also faces the front and could be utilized in various ways depending on your vision for the space. Completing this level is a wet room designed for accessibility, making it suitable for all ages and mobility needs. While some updates are necessary throughout, this property serves as a blank canvas ready for personal touches and improvements. Its location further enhances its investment appeal, given its proximity to local amenities and public transport links. With thoughtful renovations, there’s significant potential here to create not just a comfortable home but also an asset likely to appreciate over time. This property is truly positioned as an ideal project for those looking to unlock long-term value through their individual style and upgrades.

Investment Analysis

(NG17 area)

Below Market Value

This property is priced -14.6% below area average per sq ft

-14.6%
Potential saving
This Property
£174/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£206,027
10% above area average per sq ft
Potential ROI
+5.7%
After renovation
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

Farmview Road, Kirkby in Ashfield
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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
£586
Based on a loan of £119,996 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