Summary - 21 SILK STREET SUTTON-IN-ASHFIELD NG17 5AA
2 bed 1 bath Terraced
Auction sale ideal for investors seeking rental income and refurbishment opportunity.
- Tenant in situ providing immediate rental income
- Sold via online auction, starting bid £70,000
- Two bedrooms plus large attic room for flexible use
- Small enclosed rear garden, compact plot
- Needs modernisation and likely insulation upgrades
- Solid brick construction; assumed no wall insulation
- Current EICR and gas safety certificates present
- Area has high crime and significant deprivation
Offered with a tenant in situ and immediate rental income potential, this two-bedroom Edwardian mid-terrace sits within walking distance of Sutton-in-Ashfield town centre. The property includes two reception rooms, a long rear kitchen, an attic room and a small enclosed garden — a straightforward layout for buy-to-let use or a value-add refurbishment.
The house requires general modernisation and cosmetic work throughout, presenting scope to increase rental yield or resale value. Building fabric is solid brick with assumed no wall insulation; heating is mains gas with a boiler and radiators. Current EICR and gas safety certificates are in place, which helps with letting compliance.
For investors, the auction sale offers a quick, transparent purchase route; starting bid is £70,000. Note material considerations honestly: the area records high crime and high deprivation levels, rooms are compact, and the property needs renovation and likely insulation improvements. Council tax band A keeps running costs low.
Practical positives include excellent mobile signal, fast broadband, and good local amenities and schools nearby, making the property easy to let. Legal and auction terms apply; bidders should review the legal pack and be prepared for identity verification and online bidding procedures.
2 bedroom terraced house for sale in Silk Street, Sutton in Ashfield, Nottingham, Nottinghamshire, NG17 5AA, NG17 — £70,000 • 2 bed • 1 bath • 1018 ft²
3 bedroom semi-detached house for sale in Lucknow Drive, Sutton in Ashfield, NG17 — £115,000 • 3 bed • 1 bath • 957 ft²
3 bedroom semi-detached house for sale in Lucknow Drive, Sutton-in-Ashfield, Nottinghamshire, NG17 4LS, NG17 — £115,000 • 3 bed • 1 bath • 957 ft²
2 bedroom end of terrace house for sale in Lime Street, SUTTON-IN-ASHFIELD, Nottinghamshire, NG17 — £90,000 • 2 bed • 1 bath • 789 ft²
2 bedroom terraced house for sale in Victoria Street , Mansfield, Nottinghamshire, NG18 — £110,000 • 2 bed • 1 bath • 1686 ft²
3 bedroom semi-detached house for sale in 68 Phoenix Street, Sutton-in-Ashfield, Nottinghamshire, NG17 4HL, NG17 — £20,000 • 3 bed • 1 bath • 529 ft²
