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Town Street, Pinxton, Nottingham NG16 - Image 1
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Town Street, Pinxton, Nottingham NG16

East Midlands

£300,000
Listed on 15/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is a distinctive opportunity to acquire a freehold site with approved planning permission (23/00309/ful) for the transformation of an existing public house into three residential flats and a commercial unit. Additionally, there are plans in place for the demolition of outbuildings and the construction of two detached houses. Located in the central area of Pinxton, this property benefits from close proximity to local amenities, educational institutions, and vital road connections including the M1 and A38, making it ideal for residential development. This site presents significant potential for investors looking to capitalize on the growing demand for housing in the East Midlands.

Investment Analysis

(NG16 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£350,000 - £500,000
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
15%
Properties sold annually

Local Market Trend (NG16)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +1.4%
5 year growth: +20.6%
Investment Disclaimer: Analysis based on NG16 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

Town Street, Pinxton, Nottingham NG16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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