3-bedroom house · S80 4BY
Listing removedListed 101 daysAuction 3 Aug · ended
Opportunity summary
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About
Auction Date Commencing on Monday 3rd August 2026 at 1pm and ending 24 hours later on Tuesday 4th August 2026 at 1pm with Auction House Notts and Derby Please register to bid via our website - auctionhouse.co.uk/nottsandderby Three bedroom Mews House available at auction!
We are pleased to bring this spacious mews house to our auction. The site where it is situated was born out of two former schools that were developed and renovated with work starting circa 2011.
This property is located in one of the old school buildings that has had significant renovation. The property is accessed near one of the main entrances to the old school building.
The ground floor has an entrance hall with a spacious kitchen/living room that has been kept in great condition by the current Tenant.
The first floor contains three bedrooms and a three piece bathroom suite. The property is situated in the village of Creswell, with plenty of local amenities nearby.
The M1 motorway is a short drive away allowing for convenient access to Sheffield, Nottingham, Mansfield and Chesterfield.
Tenure: Leasehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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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.
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Area
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FAQ
About 3 Old School Lane, Creswell, Worksop S80 4BY
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