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Southwell Lane, Kirkby In Ashfield

East Midlands

£160,000
Listed on 17/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
997 sqft

Description

This three-bedroom semi-detached home presents a remarkable chance for prospective buyers eager to personalize their living space. Featuring spacious rooms and a layout that can easily be transformed, the property is in need of comprehensive modernisation across all areas. The ground floor comprises two ample reception areas, along with a compact kitchen and a pantry, while the first floor includes three generously sized bedrooms and a family bathroom. Outside, there is off-road parking available along with several outbuildings, including a functional outdoor WC. This residence holds significant potential for enhancement and increased value in a desirable neighbourhood, making it an ideal investment target.

Investment Analysis

(NG17 area)

Below Market Value

This property is priced -21.9% below area average per sq ft

-21.9%
Potential saving
This Property
£160/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£194
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£225,262
10% above area average per sq ft
Potential ROI
+12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NG17)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 8.2%
5 year growth: 32.0%
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

Southwell Lane, 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 £120,000 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