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East Midlands
£30,000
Listed on 13/09/2026
Listed on 13/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This one-bedroom flat in Kirkby-in-Ashfield offers a compelling opportunity for those willing to undertake a significant renovation project. Priced at £30,000, it sits well below the local average sale price, making it an attractive entry point for savvy buyers. The property requires extensive refurbishment, with visible wear and damage present throughout, particularly in the living areas and bedrooms. The dated kitchen and bathroom will also need complete overhauls, providing a blank canvas for modern updates.
Despite the extensive work required, this flat's location near transport links and local amenities adds to its potential. The exterior and roof are in good condition, which is a positive aspect for renovation. With an estimated renovation budget of £40,000 to £80,000, this project allows for a complete transformation, enabling you to create a stylish and functional living space in a desirable area. However, prospective buyers should be prepared for a full gut renovation process, as the interiors will require significant work to bring them up to modern standards.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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