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Victoria Street, Mansfield, Nottinghamshire, NG18

East Midlands

£90,000
Listed on 06/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
812 sqft

Description

This two-bedroom terrace property presents a robust opportunity for renovation and investment. Located in a desirable area, the home is well-placed for those seeking both convenience and potential. On the ground floor, you will find two spacious reception rooms that offer flexibility for various layouts, along with a kitchen and a practical downstairs WC. The layout provides a solid foundation for contemporary updates, allowing for creative design to enhance functionality and aesthetics. The upper level features two generously sized double bedrooms complemented by a family bathroom, providing ample space for comfortable living. The property is equipped with gated side access that leads to an enclosed rear garden, which includes a patio area ideal for outdoor relaxation or entertaining. Additionally, the presence of a new boiler adds to the property's appeal by reducing immediate maintenance concerns. While the interior would benefit from modernization, this characteristic offers an excellent canvas for buyers ready to invest time and resources into transforming it into their ideal residence. Whether you're an investor looking to capitalize on the rental market or a homeowner eager to create your dream space, this property stands as a promising prospect in a thriving neighborhood.

Investment Analysis

(NG18 area)

Below Market Value

This property is priced -46.8% below area average per sq ft

-46.8%
Potential saving
This Property
£111/sq ft
Area Average
£208/sq ft
Avg Rent (weekly)
£189
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£186,188
10% above area average per sq ft
Potential ROI
+55.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NG18)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -7.3%
5 year growth: 12.3%
Investment Disclaimer: Analysis based on NG18 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

Victoria Street, Mansfield, Nottinghamshire, NG18
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