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Mayfield Street, Kirkby in Ashfield, Nottinghamshire - Image 1
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Mayfield Street, Kirkby in Ashfield, Nottinghamshire

East Midlands

£110,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
1016 sqft

Description

This property presents a unique opportunity for those looking to acquire a home in a desirable East Midlands location, offering significant potential for renovation and personalisation. With adaptable living areas, including two reception rooms that can serve multiple purposes, the layout is conducive to modern living. The addition of a loft room enhances the property's versatility, suitable for use as an office or extra storage, illuminated by roof windows that fill the space with natural light. The kitchen features basic amenities and is ready for an upgrade, which could greatly enhance its functionality. A ground floor bathroom provides essential convenience but may benefit from contemporary updates. The rear garden, designed for low maintenance with paved and gravelled sections, allows for creative landscaping opportunities to create an inviting outdoor area. Set within a convenient community close to local shops, schools, and transport links, this home is an excellent project for first-time buyers or investors seeking to increase value through refurbishment. The property's foundation and structural integrity appear sound; thus, enhancements throughout could yield a rewarding return on investment.

Investment Analysis

(NG17 area)

Below Market Value

This property is priced -46.3% below area average per sq ft

-46.3%
Potential saving
This Property
£108/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£225,252
10% above area average per sq ft
Potential ROI
+66.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NG17)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +6.5%
5 year growth: +27.4%
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

Mayfield Street, Kirkby in Ashfield, Nottinghamshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£390
Based on a loan of £82,500 over 30 years at 3.91% 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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