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Kingswood Drive, Kirkby-in-Ashfield

East Midlands

£154,950
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
519 sqft

Description

This two-bedroom semi-detached house presents a prime opportunity for those looking to invest in a property with significant refurbishment potential. Nestled at the end of a quiet cul-de-sac, the home boasts a spacious rear garden and low-maintenance front garden, ideal for both first-time buyers and buy-to-let investors. The internal layout includes a lounge and kitchen on the ground floor, complemented by two bedrooms and a bathroom upstairs, all serviced by gas central heating. While the property requires comprehensive modernisation throughout, its solid structure and generous outdoor space offer an excellent canvas for renovation. The existing layout allows for easy alterations to maximise living space or improve aesthetic appeal. Off-street parking is available with side access to the rear garden, enhancing functionality. With mains services in place and no chain involved, this property stands as an attractive investment for those ready to undertake a renovation project.

Investment Analysis

(NG17 area)

Above Market Value

This property is priced +48.1% above area average per sq ft

+48.1%
This Property
£299/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£191
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£115,065
10% above area average per sq ft
Potential ROI
-41.0%
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

Kingswood Drive, Kirkby-in-Ashfield
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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
£549
Based on a loan of £116,212 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.

Stamp Duty Calculator

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