Plot B, Sutton-in-Ashfield, Nottinghamshire, NG17
East Midlands
£40,000Guide Price
Listed on 07/11/2026
Listed on 07/11/2026
The listing
Property details
Bedrooms
N/AType
Not SpecifiedDescription
Offered at auction by the Modern Method, this approximately 275 sqm plot is situated on a cul-de-sac in Sutton-in-Ashfield. The site includes a derelict garage and is described as having potential for a range of uses, subject to planning consent. The listing notes good transport links.
The sale uses a 56-day reservation period. A buyer information pack costs £349 including VAT, and the winning bidder must pay a non-refundable reservation fee of 4.5% of the purchase price, subject to a £6,600 minimum. Buyers considering mortgage finance are advised to check the property and terms with their lender before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: LOW
At £40,000, this is a strikingly low-cost opportunity to acquire a roughly 275sqm plot in Sutton-in-Ashfield, well below the local average on the supplied £/sqf comparison. The plot sits among existing properties on a cul-de-sac, with transport links noted; the listing suggests possible alternative uses or development, subject to planning consent, but feasibility is not established.
This is a heavy, site-led project rather than a cosmetic refresh: the visible plot is densely overgrown, and the garage is described as derelict, with its structure and roof not clearly shown. It may appeal to someone prepared to clear and inspect the site and assess what can realistically be done. The sale is by Modern Method of Auction, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Acquire a roughly 275sqm plot at an asking price that is exceptionally low against the supplied local £/sqf comparison.
- Clear the dense vegetation and assess how the plot and its position among neighbouring properties could support a practical future use.
- The derelict garage and site offer scope to rethink the existing arrangement, subject to inspection and any required planning consent.
Key risks
- Overgrown ground obscures the plot, and the weathered, described-as-derelict garage has not been shown in enough detail to assess its structure or roof; plan for clearance, inspection and a heavy site programme rather than a cosmetic refresh.
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Transport
Nearest stations
Sutton Parkway Rail Station
1.1 miles
Train · Sutton Junction
Kirkby in Ashfield Rail Station
1.5 miles
Train · Kirkby in Ashfield
Mansfield Rail Station
3.4 miles
Train · Mansfield
Newstead Rail Station
3.9 miles
Train · Newstead
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£163
Based on a loan of £30,000 over 30 years at 5.13% 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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