# 3 bedroom detached house for sale (NG17 2GD) ## Property Details | Key | Value | |-----|-------| | Address | 4 ALDER WAY, SUTTON-IN-ASHFIELD, NOTTINGHAMSHIRE NG17 2GD | | Price | £230,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | TBC | | Last sold | £152,000 Jun 2023 | ## Description THIS IS A FULLY RENOVATED AND UPGRADED DETACHED FAMILY HOME SITUATED IN A SOUGHT AFTER LOCATION! GUIDE PRICE - £230,000 - £240,000 Accommodation comprises of entrance hallway, downstairs W.C, lounge open through to the dining area and kitchen with Bi-Folding doors, three bedrooms and a fitted bathroom. The property also benefits from gas central heating, double glazing, front and rear gardens, driveway and garage. OFFERED WITH NO UPWARD CHAIN..............EARLY INTERNAL INSPECTION IS HIGHLY RECOMMENDED TO AVOID DISAPPOINTMENT! ## Property Photos - ![Picture No. 12](/listings/photos/139319705/439955) - Picture No. 12 - ![Picture No. 15](/listings/photos/139319705/439956) - Picture No. 15 - ![Picture No. 03](/listings/photos/139319705/439958) - Picture No. 03 - ![Picture No. 02](/listings/photos/139319705/439960) - Picture No. 02 - ![Picture No. 14](/listings/photos/139319705/439962) - Picture No. 14 - ![Picture No. 05](/listings/photos/139319705/439963) - Picture No. 05 - ![Picture No. 07](/listings/photos/139319705/439965) - Picture No. 07 - ![Picture No. 08](/listings/photos/139319705/439967) - Picture No. 08 - ![Picture No. 01](/listings/photos/139319705/439969) - Picture No. 01 - ![Picture No. 16](/listings/photos/139319705/439971) - Picture No. 16 - ![Picture No. 04](/listings/photos/139319705/439973) - Picture No. 04 - ![Picture No. 06](/listings/photos/139319705/439974) - Picture No. 06 - ![Picture No. 09](/listings/photos/139319705/439976) - Picture No. 09 - ![Picture No. 11](/listings/photos/139319705/439978) - Picture No. 11 - ![Picture No. 13](/listings/photos/139319705/439980) - Picture No. 13 ## Floorplans - ![Picture No. 10](/listings/photos/139319705/439982) - Picture No. 10 ## EPC Graphs - ![EPC Rating Graph](/listings/photos/139319705/439983) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 4 ALDER WAY, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2GD | £152,000 | 28/06/2023 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 23 BURTON ROAD, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2EU | £225,000 | 01/08/2025 | Detached | | 35 BURTON ROAD, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2EU | £220,000 | 19/02/2025 | Detached | | 3 FARCROFT AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2GR | £220,000 | 14/11/2022 | Detached | | 22 RILEY AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2ES | £275,000 | 11/10/2022 | Detached | | 60 WESTBOURNE ROAD, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2ER | £222,000 | 16/09/2022 | Detached | | 49 RILEY AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2ES | £330,000 | 25/08/2022 | Detached | | 9 FARCROFT AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2GR | £280,000 | 29/07/2022 | Detached | | 106 WESTBOURNE ROAD, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2EN | £225,000 | 29/07/2022 | Detached | | 40 RILEY AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2ES | £235,000 | 19/07/2022 | Detached | | 35 SPRINGWOOD VIEW CLOSE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2HR | £230,000 | 12/05/2022 | Detached | | 31 SPRINGWOOD VIEW CLOSE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2HR | £226,000 | 04/04/2022 | Detached | | 1 COULTONS AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2GN | £205,000 | 11/02/2022 | Detached | | 25 ASHLEIGH AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2ST | £245,000 | 29/10/2021 | Detached | | 16 HUTHWAITE ROAD, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2GW | £223,000 | 30/09/2021 | Detached | | 15 COULTONS AVENUE, SUTTON-IN-ASHFIELD, ASHFIELD, NOTTINGHAMSHIRE, NG17 2GN | £220,000 | 30/06/2021 | Detached | **Area average:** £238,733 (15 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £296,860 (83 Detached, NG17, 2024–2026) - **Deviation:** -22.5% ## Rental Range *ONS Price Index of Private Rents (Ashfield). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £707/mo - **Realistic:** £785/mo - **Optimistic:** £864/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for North Nottingham (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £583/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Terraced House, The Fieldings, NG17 | £895/mo | 3 | 0.63 miles | OpenRent | **Average rent: £895/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.39% (weak for cashflow) - **Max investor price (0.8%):** £111,875 - **Target investor price (1%):** £89,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £895/mo).* - **Gross yield:** 4.7% - **Cost-to-rent:** 21.4× - **Monthly cashflow:** £-125/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -2.3% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 8.8% - **10y growth:** 40.9% ## House Price Index (HM Land Registry) *Official index for Ashfield; Detached series; as of March 2026.* - **1y growth (index):** 1.8% - **5y growth (index):** 18.8% - **10y growth (index):** 57.2% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)