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Marlborough Road, Kirkby In Ashfield

East Midlands

£140,000

Listed on 09/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1089 sqft

Description

This three-bedroom semi-detached house presents an excellent opportunity for renovation and improvement. Conveniently located within walking distance of the local town centre and with good transport links, it is ideal for buyers looking to create a home tailored to their preferences. The ground floor features a lounge, kitchen, bathroom, and a separate WC, while the upper level comprises three bedrooms. Externally, the property boasts a large enclosed rear garden, perfect for landscaping and outdoor activities, along with a private driveway at the front. Although the property requires renovation throughout, it offers a fantastic chance for those wanting to add value and establish a comfortable family home.

WHOTS analysis

Our WHOTS verdict

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

53out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This three-bedroom semi-detached property presents a compelling opportunity for buyers looking to acquire a home they can transform to their own taste. With an asking price of £140,000, the property is priced well below the local average at £129/sqf, offering an attractive entry point into the market. The spacious layout includes a lounge, kitchen, and a bathroom, along with three bedrooms, providing ample scope for modernization and improvement. The large enclosed rear garden also offers significant potential for landscaping, making it a great asset for families seeking outdoor space.

However, the property does require substantial renovation throughout. Visible signs of neglect are apparent in several areas, including worn carpets in the living room, outdated decor in the bedrooms, and dated kitchen and bathroom fixtures. With renovation estimates ranging from £100,000 to £150,000, all-in costs may stretch against local benchmarks for this floor area, suggesting that careful budgeting will be essential for a successful project. While the potential exists to create a comfortable family home, prospective buyers should be prepared for a full-gut renovation rather than a simple refresh.

Key opportunities

  • The property's spacious layout allows for creative redesign, making it ideal for tailored family living.
  • The large garden space provides ample opportunity for landscaping, enhancing curb appeal and outdoor enjoyment.
  • The location near the town centre presents a desirable aspect for potential buyers or renters post-renovation.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Purchase plus works may take you to around £265,000 once the asking price and an estimated £125,000 of refurbishment are combined — roughly 16% above what comparable floor area achieves locally in current condition, so margin after refurbishment is unproven.

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Map

Location

Marlborough Road, Kirkby In Ashfield
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Finance

Mortgage calculator

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

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 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.

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