Summary - 15, CHURCHGATE DN22 6PA
1 bed 2 bath Office
Low-entry investment with HMO permission and large ancillary parking.
Grade II listed Georgian building with high ceilings and sash windows
Full planning permission for an 11-room HMO (conversion clarity)
Large freehold: 2,648 sq ft plus garage and 2,139 sq ft car park
Low capital value — price £345,000 for whole freehold
Solid brick walls likely uninsulated; retrofit and insulation needed
EPC rating D; energy improvements likely required
Located in deprived area with very high local crime levels
Listed status will restrict works and increase refurbishment costs
This Georgian three-storey building in central Retford presents a rare town-centre commercial-to-residential conversion opportunity. Full planning permission exists to convert into an 11-room HMO, giving immediate development clarity and strong rental potential for investors targeting the student/worker market or a multi-let scheme.
The property is Grade II listed, with traditional sash windows, high ceilings and solid brick walls — features that confer character but will restrict alterations and increase conservation-related costs. A large rear garage and off-street car park (circa 2,139 sq ft) add value and flexible ancillary space for servicing or storage.
Buyers should factor in listed-building constraints, likely retrofit costs (solid walls assumed uninsulated) and an EPC rating of D. The building sits in a deprived area with very high local crime statistics, which may affect tenant mix, insurance and management requirements. Flood risk is low.
Overall this freehold offers a low capital entry point (£345,000) for an investor prepared to manage conservation requirements and address retrofit, security and letting challenges. The size, central location and granted HMO permission create a clear route to income once works and compliance are completed.
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