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Mill Street, Clowne, S43

Yorkshire

£320,000
Listed on 06/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This substantial former public house, rich in historic character, presents an excellent opportunity for mixed-use redevelopment (subject to planning). Located in a prominent position within a growing town, the property is set on a 0.58-acre site, which includes various outbuildings and a beer garden, all of which can be leveraged for potential enhancements. The layout currently allows for easy division into multiple commercial units with residential space above, making it well-suited for investors looking at different usage options. The ground floor features several large rooms that could be repurposed or refurbished for new tenants, while the upper level comprises spacious living accommodations with four double bedrooms, enhancing its appeal for buyers interested in residential conversion as well. Previous planning approval was granted in 1987 for residential use of part of the site, adding viability to future projects. The site also includes useful amenities such as ample parking and gas central heating. With creativity and investment, this property could transform into a thriving hub catering to both commercial and residential needs.

Investment Analysis

(S43 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.3%

Renovation Potential

Medium 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
43
Average per month
Market Turnover
84%
Properties sold annually

Local Market Trend (S43)

Area prices are falling by -3.7% over the last 12 months
3 year growth: +1.2%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on S43 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

Mill Street, Clowne, S43
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,154
Based on a loan of £240,000 over 30 years at 4.06% 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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