4-bedroom house · NG17 8JY
Listing removedListed 68 daysAuction 10 Sep · ended
Opportunity summary
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About
Summary auction sale 10 September 2026 - Mixed residential and commercial property with car parking Planning for conversion to three apartments on ground floor First floor majority let at £22,500 pa with scope to increase revenue.
Description guide price: £275,000-£300,000 auction date: Thursday 10th September 2026 bidder registration: By 2pm Wednesday 9th September 2026 where to bid: Please ensure you are registered to bid on the Barnard Marcus Auctions website.
Legal pack: Download from Barnard Marcus Auctions Description A former methodist chapel dated 1834, cleverly converted into a mixed-use property in a residential location with nearby bus routes, schooling, amenities and railway station.
The ground floor was utilised as a snooker hall with ancillary rooms and has planning permission to convert into three self-contained one-bedroom apartments (ref: Ashfield District Council V/2024/0308).
Residential accommodation on the first floor includes a self-contained one-bedroom apartment with reception room, kitchen, and bathroom/w.c.
And four letting rooms with a shared kitchen, shower room, and washer room.
Presently, the apartment and three of four rooms are let out, producing £22,500 with scope to increase to £27,300, excluding the snooker room and conversion.
Outside is a patio area to the front and carparking with shared drive to the side and outbuilding for use as a cycle store.
Broadband: Standard and superfast show as available Mobile Coverage: EE, Three, O2 and Vodafone show as available Apartment: £675pcm Room 1: £475pcm Room 2: 375pcm Room 3: £400pcm Room 4: Vacant (advertised at £375pcm) Snooker Room: Vacant EPC: 21a Chapel Street: Tbc 21b Chapel Street (apartment): E, 55 sq.m information taken from the EPC Council Tax Band: Mixed use building, residential part showing as A Tenure: Freehold Viewings: Frank Innes, 44 Low St, Sutton In Ashfield NG17 1DG Tel: By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogue for sale via the midlands auction centre in association with barnard marcus auctions Thursday 10th September 2026 at 9.30AM at the de vere grand connaught rooms, 61-65 great queen street, covent gardens, london WC2B 5DA.
You can also register for online bidding.
Conditions of sale The Conditions of Sale will be deposited at the offices of the auctioneers and vendor’s solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not.
Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue. Health & Safety Advice for Property Viewers.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers.
All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries.
All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers’ risk.
*Guide and Reserve Prices Guide Price: An indication of the seller's current minimum acceptable price at auction.
The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued.
This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall.
A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Note The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding.
Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits.
The sale of each lot is subject to a documentation charge of £1,800 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
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Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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