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Brunner Avenue, Shirebrook, Mansfield

East Midlands

£90,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
880 sqft

Description

This mid-terraced house features three bedrooms spread across three levels, presenting an excellent opportunity for both first-time buyers and investors interested in renovation projects. The property showcases a unique layout with significant potential for modernization and personalization. Conveniently located in Shirebrook, the home benefits from proximity to essential amenities, including local shops, schools, and transportation options like train services and major road links. This accessibility enhances its appeal for future tenants or buyers. Upon entering, you’ll find two spacious reception areas on the ground floor: a lounge that welcomes natural light through its front-facing window and a dining room equipped with a cozy gas fire. The functional kitchen is fitted with essential base units and offers additional utility space, making it ideal for reconfiguration or upgrades. The first floor includes two well-proportioned bedrooms alongside a family bathroom that comes with necessary fixtures. A further bedroom is situated on the second floor, providing ample privacy or potential for conversion into an additional living space. Externally, the property features a generous lawned area at the front and a courtyard-style yard at the rear with storage outbuildings—these areas could be transformed to enhance outdoor living or storage solutions. Overall, this property presents an attractive canvas for those looking to invest in renovations that could significantly increase value while accommodating modern lifestyle needs. Its location in a desirable neighborhood only adds to its investment potential.

Investment Analysis

(NG20 area)

Below Market Value

This property is priced -45.3% below area average per sq ft

-45.3%
Potential saving
This Property
£102/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£194
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£180,919
10% above area average per sq ft
Potential ROI
+39.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG20)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 5.4%
5 year growth: 32.5%
Investment Disclaimer: Analysis based on NG20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Brunner Avenue, Shirebrook, Mansfield
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