43, 45 & 47 Station Street, Kirkby-In-Ashfield, Nottingham NG17 7AN
East Midlands
£140,000Guide Price
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
N/AType
ShopFeatures
- Tenanted
Description
Offered at auction, this freehold property comprises three let retail units at 43, 45 and 47 Station Street. The listing reports combined rental income of £18,300 per annum, with the current tenancies running to 2027, 2028 and 2030 respectively. The agent identifies potential to develop the space above the shops, subject to verification of feasibility and any necessary consents.
Station Street is described as having good footfall and transport links, including access to the A38 and M1 and routes towards Nottingham, Mansfield and Derby. The sale is by live-streamed unconditional auction, with contracts exchanged at the point of sale. Buyers should review the legal pack and auction terms, including the deposit, buyer’s fee and any additional charges.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
40out of 100
Grade ELow opportunity
Confidence: LOW
This is a commercial investment project rather than a straightforward house renovation: three separate shopfronts are let, with stated total income of £18,300 a year, and the listing highlights potential to develop the space above. The hard-surfaced rear yard and marked parking add practical appeal, while the upper space offers a canvas for improvement; its condition and development potential cannot be judged from the exterior-only photos.
The overall WHOTS score is 40/100 (Grade E), reflecting limited evidence to assess value and renovation economics, alongside elevated risk. Floor area is missing, so value versus local £/sq ft cannot yet be judged. The auction guide is £140,000; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Three separate let shopfronts with stated total income of £18,300 per annum.
- Potential to develop the space above the shops, creating scope to add value if feasible.
- Hard-surfaced rear yard with marked parking spaces.
Key risks
- The upper space and internal condition are not visible in the submitted photos, leaving the scope and cost of any works difficult to establish.
- Floor area is missing, so value against local £/sq ft and renovation economics cannot be assessed.
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Map
Location
43, 45 & 47 Station Street, Kirkby-In-Ashfield, Nottingham NG17 7AN
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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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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