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Abbotts Croft, Mansfield

East Midlands

£180,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom home in Mansfield presents an excellent opportunity for those looking to invest in a property with significant potential for customization. Although it requires some modernization and aesthetic enhancements, the structure is sound, making it an appealing choice for first-time buyers, families, or investors eager to take on a rewarding project in a desirable residential location. The ground floor features a generous open-plan living and dining area that offers ample space for relaxation and entertaining. The rear kitchen comes equipped with basic wooden cabinetry and provides considerable room for improvement or redesign to align with contemporary preferences. On the upper level, there are three well-sized bedrooms boasting abundant natural light and flexibility for various arrangements – ideal for family life or even a home office setup. The family bathroom, while functional with its traditional three-piece suite, has the potential for upgrading to create a more modern environment according to personal tastes. Outside, the property is complemented by a neatly landscaped rear garden adorned with mature plants and a pleasant patio area, conducive to outdoor enjoyment. The front of the property includes additional greenery and convenient access to the rear garden. A garage further enhances this offering by providing off-street parking or extra storage solutions, rounding out this promising investment opportunity.

Investment Analysis

(NG19 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 8.8%
5 year growth: 24.7%
Investment Disclaimer: Analysis based on NG19 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

Abbotts Croft, Mansfield
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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
£659
Based on a loan of £135,000 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