About This Property

Discover what makes this home special

The Askern is an affordable terraced property located in the NG16 3ER area, offering a practical layout ideal for first-time buyers or investors. With a spacious lounge, a modern kitchen/dining area, and a convenient downstairs WC, this home provides essential living spaces with potential for personalization. Situated in a semi-rural setting near Shirebrook, the property benefits from a quiet environment while still being connected to nearby towns and cities.

Although the property currently does not feature bedrooms on the provided floorplans, it is likely that bedrooms are located on an upper floor not shown here. The rear garden faces south-east, allowing for pleasant morning and early afternoon sunlight, making it a comfortable outdoor space. The location offers access to local amenities and transport links, making it suitable for commuters and families alike.

Property Features

This terraced home includes a functional kitchen/dining space with direct access to the garden, a spacious lounge for relaxation, and a handy downstairs WC. The store room under the stairs adds valuable storage space. The south-east facing garden receives ample morning sunlight, ideal for gardening enthusiasts or outdoor dining. While bedrooms are not shown on the floorplans provided, the layout supports a comfortable family setup on the upper floors.

TerracedDownstairs WCStore RoomKitchen/Dining AreaLoungeSouth-East Facing Garden

Local Amenities

The property is located close to essential amenities including schools such as Shirebrook Primary School and Shirebrook Academy, making it convenient for families. Tesco Superstore and local shops provide easy access to daily necessities. Outdoor activities can be enjoyed at Pleasley Pit Country Park nearby, and the Shirebrook Leisure Centre offers fitness and recreational facilities. A selection of local pubs and restaurants enrich the community atmosphere.

Shirebrook Primary SchoolShirebrook AcademyTesco SuperstoreShirebrook Leisure CentrePleasley Pit Country ParkLocal Pubs and Restaurants
Shirebrook Station Train Station (1.6 miles, 6 mins drive) • 45 mins by car to Nottingham

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25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£10,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Compare Rates
Purchase Costs
Total Price£10,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
55/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct transport links
Potential for rental demand in local market
Lower profile area with moderate growth

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£10,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.2%
Based on £52/mo rent
Area Price Growth
+6.5%
Average annual increase
5-Year Value Forecast
£13,714
+£3,714 projected gain
5-Year Rent Forecast
£66/mo
Based on 4.8% annual growth
Price per Sq Ft£14
Annual Rent Income£624
10-Year ROI250%
Break-Even Point26 yrs

Property Value Projection

Based on 6.5% annual growth
£13,714
5yr
£18,807
10yr
£25,791
15yr
£35,369
20yr
£48,504
25yr
Current: £10,000

Monthly Rental Income

Based on 4.8% annual growth
£66
5yr
£83
10yr
£105
15yr
£133
20yr
£168
25yr
Current: £52/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Nottingham
N/A (no direct train from Shirebrook to Nottingham)
45 mins
Sheffield
20 mins from Shirebrook
30 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Low
Evening Low
Kitchen/Dining
Morning Good
Afternoon Moderate
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Mansfield Town Centre Regeneration
3 milesEst. 2025
TransportModerate Impact
Local Infrastructure Improvements
0.5 milesEst. 2024
* Information based on local planning applications and may be subject to change

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£10,000
AvailableNB0000037888
View Location Analytics

The Askern

Eastwood, Nottingham NG16 3ER
Lawrence Point
2
Bedrooms
1
Bathrooms
720
Est. Sq ft
terraced
Type

Developer

Avant Homes
Available Plot Numbers
091
1 plot(s) available
Ownershipfreehold

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£10,000The Askern

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The Askern
The AskernEastwood£10,000

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