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Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 1
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 2
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 3
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 4
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 5
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 6
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 7
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 8
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 9
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 10
Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20 - Image 11

Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20

East Midlands

£87,000
Listed on 07/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
847 sqft

Description

This three-bedroom terraced home presents a promising opportunity for those interested in investment or renovation projects. The property features a spacious lounge that flows into a separate dining area, providing a functional layout for daily living. Adjacent to these spaces is the kitchen, equipped with matching units and ample built-in storage, which offers potential for modern updates. On the first floor, you will find three well-proportioned bedrooms, along with a conveniently located wet room off the landing. This arrangement allows for versatile living options or the possibility of reconfiguring the space to maximize rental appeal. The outdoor areas include a primarily paved rear garden with outbuildings, ideal for personal use or as additional storage. At the front, a small pebbled courtyard adds to the property's charm while offering low-maintenance landscaping. Situated on Jellicoe Street, this property benefits from being within a desirable school catchment area and is close to various amenities found in both Langwith and nearby Mansfield. The local environment hosts diverse facilities such as schools, parks, leisure centers, shops, bars, and cafes, enhancing its attractiveness for potential tenants or buyers. With thoughtful renovations and updates, this property could be transformed into a valuable investment in an established community.

Investment Analysis

(NG20 area)

Below Market Value

This property is priced -44.8% below area average per sq ft

-44.8%
Potential saving
This Property
£103/sq ft
Area Average
£186/sq ft
Avg Rent (weekly)
£193
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£173,343
10% above area average per sq ft
Potential ROI
+48.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG20)

Area prices are falling by +4.3% over the last 12 months
3 year growth: 4.3%
5 year growth: 25.3%
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.

Location

Jellicoe Street, Langwith, Mansfield, Derbyshire, NG20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£319
Based on a loan of £65,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE