Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · NG17 3DU
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale is this semi-detached house, presenting an excellent opportunity for buyers seeking a property project.
The house is in need of full renovation, making it ideal for those wishing to craft their dream home or investment property.
Upon entering, you are greeted with two reception rooms, providing ample space for dining and relaxing. The house boasts a single kitchen, ready to be transformed into a culinary haven.
The garage presents additional storage space or a potential conversion opportunity.
Upstairs there are three bedrooms, including two spacious double rooms and a single room, allowing for versatile living arrangements.
The bathroom is conveniently situated on the first floor alongside the bedrooms.
Externally, the property features an enclosed garden to the rear, perfect for outdoor enjoyment and potential landscaping projects.
A driveway to the front of the house provides convenient off-street parking. The house is ideally located with excellent public transport links and local amenities within easy reach.
Additionally, you'll find an array of nearby schools, perfect for families.
The property is being sold via a modern method of auction and comes with no upward chain, offering a straightforward purchasing process. It is within council tax band B.
This property provides a fantastic opportunity for those seeking a renovation project with its spacious layout and potential for personalisation.
Whether you're a first-time buyer or an experienced investor, this could be the ideal property for you.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
KIA240368/2 Living Room 4.41m x 4.32m Dining Room 4.32m x 3.07m Kitchen 3m x 2.1m Having a sink with drainer.
Bedroom 1 4.25m x 3.47m Bedroom 2 4.25m x 3.07m Bedroom 3 2.28m x 2.13m Garage 5.81m x 4.12m Up and over door.
Auction Information This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service (truncated) Local Authority Ashfield District Council Tax Band Band B EPC Rating Grade Grade F
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Mansfield Road, Skegby, Sutton-in-Ashfield, Nottinghamshire, NG17
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