1-bedroom flat · NG17 7JP
Sold STCListed 40 daysAuction 29 Sep · ended
Opportunity summary
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About
Strapline Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A one bedroom second floor flat, forming part of a purpose built block, presented in clean decorative order, well located for Kirkby In Ashfield Station and amenities of Station Road. Vacant.
Description A one bedroom second floor flat. The property forms part of a purpose built block. In need of modernisation. Vacant. Location Kirkby-in-Ashfield is a town in the county of Nottinghamshire.
Located on Southwell Close accessed off Southwell lane. A range of amenities are available on Low Moor Road and Station Road. Recreational amenities of West Park and Morven Park are easily accessible.
Road links are via the A38, with easy access to the M1. Transport Kirkby In Ashfield - E M R. Sutton Parkway - E M R.
Accommodation Second Floor - Entrance Hallway, Reception Room, Kitchen, Bedroom, Bathroom/WC.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 61 Southwell Close, Nottinghamshire
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