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Somersall Street, Mansfield

East Midlands

£100,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
862 sqft

Description

This three-bedroom semi-detached home located in Mansfield offers an excellent opportunity for those looking to invest in a property needing some updating. With a foundation that is structurally sound and a layout that can be easily adapted, this house is perfect for buyers eager to enhance their living space or generate rental income. The ground floor features a sunlit living room with a large bay window, creating an inviting atmosphere. The rear kitchen provides direct access to two outdoor storage sheds, making it useful for garden tools or other equipment.<br><br>On the upper level, you'll discover three bedrooms of varying sizes along with a family bathroom that includes a bath. The overall arrangement is practical and holds potential for modern redesigns to better suit contemporary lifestyles.<br><br>The exterior boasts a walled front garden that ensures privacy, complemented by a spacious rear garden primarily laid to lawn, complete with a patio area ready for minor enhancements to create an enjoyable outdoor space. This property presents a valuable chance for first-time buyers, investors, or anyone interested in taking on an engaging renovation project in this sought-after residential neighborhood.

Investment Analysis

(NG19 area)

Below Market Value

This property is priced -42.9% below area average per sq ft

-42.9%
Potential saving
This Property
£116/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£192,532
10% above area average per sq ft
Potential ROI
+54.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 9.3%
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

Somersall Street, 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
£366
Based on a loan of £75,000 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