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61 Southwell Close, Kirkby In Ashfield, Nottinghamshire, NG17 8GN - Image 1
61 Southwell Close, Kirkby In Ashfield, Nottinghamshire, NG17 8GN - Image 2
61 Southwell Close, Kirkby In Ashfield, Nottinghamshire, NG17 8GN - Image 3

61 Southwell Close, Kirkby In Ashfield, Nottinghamshire, NG17 8GN

East Midlands

£35,000

Listed on 13/09/2026

The listing

Property details

Bedrooms
1
Type
Flat

Description

This one-bedroom second floor flat is part of a purpose-built block and is situated conveniently near Kirkby In Ashfield Station and the amenities of Station Road. The property is presented in clean decorative order but is in need of modernisation, providing an excellent opportunity for those looking to invest or renovate. The flat is currently vacant, making it easy to access for viewings and potential improvements. The area offers a range of local amenities, including recreational parks and good transport links via the A38 and M1, enhancing its appeal for both residents and investors alike.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

47out of 100
Grade ELow opportunity

Confidence: LOW

This one-bedroom flat in Kirkby-in-Ashfield presents a modest opportunity for those looking to invest in a renovation project. With a guide price of £35,000, this property is well below the local average sale price of £215,493, making it an attractive option for buyers seeking value. The flat is in clean decorative order but is in need of modernisation, providing a blank canvas for improvements. The exterior and roof appear to be in good condition, which is a positive aspect for potential buyers.

Located conveniently near local amenities and transport links, this property offers a solid base for those willing to undertake the necessary updates. The scale of renovation is light to typical, with a renovation budget estimated between £30,000 and £60,000, allowing for a range of improvements to enhance both the living space and potential value of the flat. This project is ideal for those looking to create a modern living environment in a good location.

Key opportunities

  • Good location near amenities and transport links.
  • Clean decorative order allows for straightforward renovations.
  • Potential to significantly increase value with modernisation.

Key risks

None recorded.

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Map

Location

61 Southwell Close, Kirkby In Ashfield, Nottinghamshire, NG17 8GN
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£132
Based on a loan of £26,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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