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Guide Price£2,000,000

Old School Lane, Creswell, Worksop, Nottinghamshire S80 4BY

Description

Auction Date Commencing on Monday 13th April 2026 at 1pm and ending 24 hours later on Tuesday 14th April 2026 at 1pm with Auction House Notts and Derby

Please register to bid via our website - auctionhouse.co.uk/nottsandderby

Old School Lane site in Cresswell, 31 properties included.

We have a great opportunity for serious investors as this site has become available for purchase at auction. The site was born out of two former schools that were developed and renovated with work starting circa 2011, with the most of the properties below being new builds.

This development includes all of the listed properties below, along with the current rents being achieved each month. The total collection each month is £15,050.00, with the majority of the properties listed due a rent increase which would maximise the return. The site is located in Cresswell, not far from Chesterfield and Sheffield.

1 Old School Lane - £620.00
2 Old School Lane - £570.00
3 Old School Lane - £590.00
5 Old School Lane - £875.00
8 Old School Lane - £650.00
10 Old School Lane - £845.00
12 Old School Lane - £620.00
14 Old School Lane - £650.00
16 Old School Lane - £750.00
17 Old School Lane - £700.00
18 Old School Lane - £580.00
19 Old School Lane - £700.00
23 Old School Lane - £680.00
30 Old School Lane - £675.00
32 Old School Lane - £625.00
33 Old School Lane - £625.00
34 Old School Lane - £710.00
35 Old School Lane - £700.00
36 Old School Lane - £715.00
38 Old School Lane - £800.00
40 Old School Lane - £750.00
Garage 1 Old School Lane - £60.00
Garage 3 Old School Lane - £60.00
Garage 5 Old School Lane - £50.00
Garage 6 Old School Lane - £50.00
Garage 7 Old School Lane - £50.00
Garage 8 Old School Lane - £50.00
Garage 9 Old School Lane - £100.00
Garage 10 Old School Lane -£60.00
Garage 11 Old School Lane - £60.00
Garage 28 Old School Lane - £80.00

Tenure: Freehold

Administration Fee: £1000 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-02-25

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
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Contact Auction House, Covering Notts & Derby

Courtyard Business Centre Southwold Drive, Wollaton, Nottingham, NG8 1PA

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