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

107 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 flat, located on the first floor of a purpose-built block, presents an excellent opportunity for renovation. The property is in need of modernisation, making it ideal for investors or first-time buyers looking to create their dream home. Situated conveniently near Kirkby In Ashfield Station and local amenities on Station Road, this flat offers both accessibility and potential. The accommodation includes an entrance hallway, reception room, kitchen, bedroom, and bathroom/WC. With vacant possession, the property is ready for immediate development. Offered at a competitive price, it invites creative vision and investment.

WHOTS analysis

Our WHOTS verdict

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

49out of 100
Grade ELow opportunity

Confidence: LOW

This one-bedroom flat presents a modest opportunity for renovation enthusiasts, particularly given its low asking price of £35,000 compared to the local average of £215,493. While the property requires significant modernisation, it offers a blank canvas for improvements and is located conveniently near transport links and local amenities. The kitchen features modern cabinets, suggesting that with some cosmetic updates, it could become a standout feature.

The general condition shows wear and tear throughout, especially in the living area and bedrooms, where redecoration and flooring replacement are needed. The bathroom is functional but exhibits signs of age, adding to the scope for value increase through renovation. With a renovation budget between £40,000 and £80,000, there is potential to create a desirable living space in a location that boasts accessibility and community amenities.

Key opportunities

  • Potential for value increase through renovation.
  • Good location near transport links and amenities.
  • Modern kitchen cabinets that can be updated with cosmetic improvements.

Key risks

None recorded.

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Map

Location

107 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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