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95 Newcastle Avenue, Worksop, Nottinghamshire S80 1LZ

Marketed by:

BTG Eddisons

BTG Eddisons

340 Deansgate, Manchester M3 4LY, UK

0345 646 2288

For Sale

95 Newcastle Avenue – Worksop

95 Newcastle Avenue, Worksop, Nottinghamshire S80 1LZ

For Sale

£75,000+

Key Features


  • Residential Investment

  • Located in Worksop

  • Guide price £75,000+

  • Status: For Sale

Description


Description A spacious 2 double bedroom end of terrace occupying a level position within walking distance of Worksop town centre and local shopping facilities. The accommodation includes two good size reception rooms, a separate kitchen and new ground floor shower room/WC.


Upstairs there are two large bedrooms and spacious bathroom. Some improvement work has already been done and but the project requires completion and excellent potential is offered for own occupation, resale or letting.


Accommodation Ground Floor Entrance Porch Sitting room Dining Room Kitchen Rear Lobby Shower Room/WC First Floor Landing 2 Double Bedrooms Large Bathroom/WC Outside Forecourt and rear garden. Tenure Freehold Occupancy Vacant possession upon completion


Investment Analysis


Investment Snapshot


Guide Price£75,000+
Refurbishment / Works Budget£8,500–£18,000
Purchase + Works£83,500–£93,000
Estimated GDV£81,000 low / £88,000 base / £96,000 high
75% Refinance – Base GDV£66,000


Underwriting basis. This is an indicative desktop appraisal. GDV is an estimated post-works/open-market value, not a guaranteed valuation. Comparable research is widened from the same street/postcode to the surrounding market up to approximately five miles where necessary.


Market Comparables


  • Specialist asset: working market value is estimated from guide, asset type, income/development potential and local market evidence; midpoint £88,500.

HB estimated GDV: £81,000 low / £88,000 base / £96,000 high. The range reflects comparable quality, condition and the fact that auction stock can trade below normal owner-occupier market value.


Proposed Works


Compliance/surveys£1,000–£2,000
Repairs£1,500–£3,500
Decoration/flooring£2,000–£4,500
Kitchen/bath contingency£2,500–£5,000
Contingency£1,500–£3,000
Total£8,500–£18,000

The allowance follows the auction description/visible condition and investor-standard refurbishment scope. It is not a structural survey or contractor quotation.


Strategy & Value Analysis


This is not a conventional single-dwelling BRRR/flip asset. The value case should be assessed using the specialist strategy appropriate to the property—income capitalisation, asset management, planning/development or land value—while still using the market-value range above as an indicative exit benchmark.


Key Risks


Confirm legal title/tenure, occupancy, planning/licensing, service charge/ground rent where relevant, structural condition, utilities, abnormal works and finance terms. Market comparables are indicative and should be refreshed immediately before bidding.

Auction Details : 

BTG Eddisons

Auction Date : 

29/09/26

Lot Number : 

051

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

95 Newcastle Avenue, Worksop, Nottinghamshire S80 1LZ

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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