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Main Street, Shirebrook, NG20

East Midlands

£595,000

Listed on 17/04/2026

Property details

Bedrooms
3
Type
Detached

Description

This is a rare opportunity to acquire a spacious three-bedroom detached home, situated on an extensive plot that comes with outline planning permission for the construction of five additional dwellings. Located in the desirable Shirebrook area, this property seamlessly blends comfortable living with significant development prospects, appealing to investors and families alike. The entrance greets you with a welcoming hallway leading into a bright lounge featuring a charming bay window that enhances the room's ambiance. Adjacent to the lounge is a flexible reception area, perfect for dining or as a stylish home office, which opens up to a delightful conservatory that connects with the expansive rear garden—ideal for outdoor enjoyment. The kitchen efficiently serves both indoor and outdoor spaces, promoting seamless living. On the first floor, you'll find three generously sized bedrooms, each offering untapped potential for personalized design, along with a family shower room characterized by subtle elegance. The real highlight of this property is its generous grounds; not only does it offer ample space for personal use, but it also presents an exceptional investment avenue through approved planning permission for five new homes. This kind of dual-purpose property is seldom available on the market, making early viewing vital to grasp its full scope and possibilities.

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Investment analysis

(NG20 area)
Area Average
£191/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG20)

Area prices are falling by -6.5% over the last 12 months
3 year growth: +2.7%
5 year growth: +19.5%
Investment Disclaimer: Analysis based on NG20 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

Main Street, Shirebrook, NG20
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,248
Based on a loan of £446,250 over 30 years at 4.45% 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

Next Steps

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