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Phoenix Street, Sutton-In-Ashfield, Nottinghamshire

East Midlands

£160,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1188 sqft

Description

This semi-detached family home presents a unique opportunity for investors or buyers looking to add value through renovations. Conveniently located near the amenities of Sutton-in-Ashfield and Mansfield, this property benefits from an ideal location with accessible transport links. Featuring two spacious reception rooms, including a lounge with an electric log-burning effect fire and a dining area with its own electric fire, there's ample space for entertaining or family gatherings. The modern kitchen showcases contemporary units and integrated appliances, but there may be room for updates to enhance functionality further. The accommodation includes three double bedrooms spread over two floors. The first floor hosts two well-sized bedrooms, while the top floor bedroom is currently utilized as a games room or office, illustrating the adaptable nature of this space. A large four-piece family bathroom adds convenience, but updating fixtures could significantly improve its appeal. A highlight of this property is the south-westerly facing garden that features a versatile outbuilding currently used as a bar. This space offers excellent potential for conversion into a workshop, gym, or additional living area. With an outside WC and multiple seating areas in the garden, it is designed for outdoor enjoyment but could benefit from some landscaping enhancements. This property represents an exciting renovation project with flexible living spaces and great potential to increase its market value in a desirable area.

Investment Analysis

(NG17 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£135/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£263,386
10% above area average per sq ft
Potential ROI
+28.5%
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

Phoenix Street, Sutton-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
£567
Based on a loan of £120,000 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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