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Beck Lane, Sutton-In-Ashfield NG17

East Midlands

£550,000
Listed on 23/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for those looking to invest in a versatile piece of land situated in the well-connected area of Sutton-in-Ashfield. The site enjoys excellent accessibility, with efficient bus services and direct train connections to Nottingham, making it an attractive location for commuters. Additionally, major roadways such as the A38 and M1 are conveniently reachable within a short drive, enhancing the area’s appeal. Covering nearly 4,000 square meters, this land comes with outline planning permission for the development of nine residential units. The proposed plans allow for a blend of detached and semi-detached homes, providing flexibility in design and potential layouts tailored to market demand. Notably, all essential planning matters remain open for discussion—except for access—which empowers you to shape your vision while adhering to the approved framework. Surveys related to the property have been conducted and are available upon request, offering further insights into its potential. The full planning application can be referenced under V/2023/0054 as sanctioned by Ashfield District Council. The historic context of this plot reveals it was previously a vacant space featuring a dilapidated garage. Its location near both Mansfield town and Sutton-in-Ashfield positions it strategically amidst thriving communities that support families through robust employment opportunities and educational facilities. Local amenities include shops and Ofsted-rated 'Good' schools, providing essential services within easy reach. This blend of convenience and community makes it an ideal setting for prospective developers or investors looking to capitalize on growth in the region. Whether you're aiming to build family homes or attract professionals, this site embodies substantial renovation potential that aligns with ongoing regional developments.

Investment Analysis

(NG17 area)
Area Average
£204/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NG17)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 9.6%
5 year growth: 32.3%
Investment Disclaimer: Analysis based on NG17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Beck Lane, Sutton-In-Ashfield NG17
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE