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Grove Street, Retford, DN22

Yorkshire

£75,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Cottage
Area
614 sqft

Description

This is a compelling opportunity to secure two properties located in the vibrant centre of Retford. The first, a two-bedroom cottage at 41 Grove Street, requires extensive refurbishment, making it ideal for investors looking to create their own vision. Meanwhile, 45A is a two-storey workshop constructed from brick, once used as an egg packing warehouse, and presents significant re-development potential. With appropriate planning permissions, both buildings could be transformed into multiple residential units or commercial spaces. Their proximity to the town square ensures convenient access to local amenities, entertainment options, and efficient transport links including direct services to London King’s Cross in under 90 minutes from Retford Train Station. This dual-property offering is an exciting prospect for those willing to invest in a renovation project within a promising location.

Investment Analysis

(DN22 area)

Below Market Value

This property is priced -42.7% below area average per sq ft

-42.7%
Potential saving
This Property
£122/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£180
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£144,063
10% above area average per sq ft
Potential ROI
-12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN22)

Area prices are falling by -9.5% over the last 12 months
3 year growth: -6.5%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on DN22 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

Grove Street, Retford, DN22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£268
Based on a loan of £56,250 over 30 years at 3.97% 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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