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

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

East Midlands

£25,000

Listed on 26/09/2026

The listing

Property details

Bedrooms
1
Type
Flat

Description

This one-bedroom ground floor flat presents a promising opportunity for renovation and investment. Located within a purpose-built block, the property is conveniently situated near Kirkby In Ashfield Station and local amenities on Station Road. While it is currently vacant, the flat is in need of modernisation, offering potential buyers the chance to create a tailored living space. The layout includes an entrance hallway, reception room, kitchen, bedroom, and bathroom/WC, all of which can be reimagined to suit contemporary tastes. With recreational amenities nearby and good transport links via the A38 and M1, this property is well-positioned for both personal use and rental potential.

WHOTS analysis

Our WHOTS verdict

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

44out of 100
Grade ELow opportunity

Confidence: LOW

This one-bedroom flat in Kirkby-in-Ashfield is a project with significant potential for those looking to invest in a renovation. The asking price of £25,000 is notably below market averages, making it an attractive opportunity for buyers willing to undertake the necessary modernisation. While the flat shows general wear and tear throughout, with dated fixtures in the kitchen and bathroom, this offers a blank canvas for creative improvements. The exterior and roof are in good condition, adding to the positives of this property.

Given the medium scale of refurbishment required, the renovation budget of £30,000 to £60,000 provides a clear framework for potential buyers. The property's location near local amenities and transport links further enhances its appeal, making it a worthwhile consideration for those looking to create value through renovation. However, be mindful that the absence of specific floor area details prevents a precise assessment of value versus local £/sqf. This means the final price could vary based on bidding activity, especially in the auction format, where bids can exceed the guide price.

Key opportunities

  • Significantly below market average asking price presents a chance for value creation.
  • Dated interiors allow for a complete modernisation project tailored to personal taste.
  • Good condition of the exterior and roof provides a solid foundation for improvements.

Key risks

  • General wear and tear observed throughout the flat may require addressing in the refurbishment.
  • Dated kitchen and bathroom fixtures will need updating to meet contemporary standards.

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Map

Location

91 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
£94
Based on a loan of £18,750 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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