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Norman Avenue, Sutton-in-Ashfield, Nottinghamshire, NG17

East Midlands

£600,000
Listed on 05/05/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
2003 sqft

Description

This impressive family residence offers a unique opportunity for those looking to invest in a home with significant renovation potential. Situated on a large plot in a desirable cul-de-sac, the property currently features planning permission for an upscale three-bedroom detached bungalow, making it an appealing prospect for both homeowners and investors alike. Upon entering, you will find a bright and inviting hallway that sets the tone for the spaces within. The ground floor boasts a spacious reception room suitable for various configurations, ideal for family gatherings or entertaining guests. There is also a versatile additional room that can serve multiple purposes from an office to a utility space, adapting to modern living needs. Highlights include a charming conservatory with a log burner, perfect for cozy evenings while overlooking the generous garden—a private oasis with great outdoor potential. The well-equipped kitchen features integrated appliances and ample dining space, forming the heart of this home. The property offers two sizable double bedrooms on the ground floor; one includes a luxurious en-suite shower room and walk-in wardrobe, while the upper floor provides two more double bedrooms along with an additional bathroom. With extensive outdoor space available and off-road parking leading to a double garage, there is plenty of opportunity to further enhance this already substantial residence. Though it currently stands as an exceptional family home, the possibilities here are vast—ideal for those ready to infuse their personal touch and realize its full potential.

Investment Analysis

(NG17 area)

Above Market Value

This property is priced +46.9% above area average per sq ft

+46.9%
This Property
£300/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£449,143
10% above area average per sq ft
Potential ROI
-29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
82
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NG17)

Area prices are falling by -2.8% over the last 12 months
3 year growth: +5.1%
5 year growth: +24.4%
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

Norman Avenue, Sutton-in-Ashfield, Nottinghamshire, NG17
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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
£2,141
Based on a loan of £450,000 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.

Stamp Duty Calculator

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