Outram Street, Sutton-in-Ashfield, NG17
East Midlands
£27,500Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
2Type
Town HouseFeatures
- Garden
Description
Offered at auction, this vacant middle-terrace property on Outram Street combines a former ground-floor shop with accommodation above. The ground floor includes a sales area with a roller shutter frontage and a rear room with plumbing for a kitchen. Upstairs are a landing, a front bedroom and a bathroom area; the particulars also refer to an attic room on the second floor. The bathroom currently has no suite installed.
The property is described as requiring upgrading throughout. A rear garden is included, and the listing identifies conversion to two flats as a possible option, subject to planning and building regulations. It is close to shops, supermarkets, cafés, schools, public transport and Sutton-in-Ashfield town centre. 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 stated deposit and buyer’s fee, before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
42out of 100
Grade ELow opportunity
Confidence: LOW
This is a substantial conversion and refurbishment project: the former shop and residential space have extensively stripped or damaged finishes, ceiling damage and debris, while the kitchen and bathroom areas are unfinished and the rear yard needs clearing. There is scope to rework the mixed-use layout, with the listing suggesting conversion to two flats subject to planning and building regulations; the visible uPVC double-glazed windows and rear yard add useful starting points. The stated renovation range is £45,000–£85,000, so this is a full-gut scale of project rather than a cosmetic update.
The score is low overall, but not because the asking price has been judged dear: floor area is missing, so value against local £/sqf cannot yet be assessed. With no usable area or stated resale value, the economics also remain difficult to judge; the location and fundamentals are average.
Key opportunities
- Rework the former shop and residential spaces into a more coherent layout, with the listing identifying a possible two-flat conversion subject to planning and building regulations.
- Create a fresh interior from the extensively stripped finishes, including fitting a kitchen and bathroom to suit the chosen layout.
- Clear and improve the rear yard, turning the existing outdoor space into a more usable area.
Key risks
- Stripped and damaged interiors, ceiling openings, debris and an unfinished kitchen and bathroom, alongside a £45,000–£85,000 works range, make this a full-gut programme rather than a cosmetic refresh.
- Floor area is unavailable, so value against local £/sqf cannot be judged; resale economics also remain uncertain without a stated GDV.
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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
£104
Based on a loan of £20,625 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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