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9 Pratt Close, Mansfield, Nottinghamshire, NG19 6HQ - Image 1
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9 Pratt Close, Mansfield, Nottinghamshire, NG19 6HQ

East Midlands

£70,000
Listed on 28/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
980 sqft

Description

This semi-detached property presents a promising opportunity for renovation and investment, ideally situated in a quiet cul-de-sac off Westfield Lane, which is conveniently accessible from Abbott Road. The location offers a peaceful residential setting while remaining within reach of local amenities and transport links. The home features three bedrooms and includes essential updates such as double glazing and gas central heating. However, it requires modernization, providing an excellent canvas for those looking to enhance its value through thoughtful renovations. The potential for increased equity makes this property particularly appealing for investors or buyers willing to invest time and resources into improvements. The ground floor layout comprises an entrance hall that leads to two reception rooms, along with a kitchen, lobby area, and a convenient WC. Upstairs, you will find three bedrooms accompanied by a bathroom. The practical design allows for various reconfiguration options that could optimize space and functionality. Externally, the property boasts a front garden with off-road parking and side access leading to the rear garden. This outdoor space can be transformed into an inviting area for relaxation or entertainment, further enhancing the property's appeal. With its freehold tenure and promising energy performance rating of 69 (Band C), this home represents not only a residence but also an investment with significant upside potential in today's market. This property is being offered at public auction on December 11, 2025, with no pre-auction offers accepted.

Investment Analysis

(NG19 area)

Below Market Value

This property is priced -64.7% below area average per sq ft

-64.7%
Potential saving
This Property
£71/sq ft
Area Average
£202/sq ft
Avg Rent (weekly)
£200
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£218,026
10% above area average per sq ft
Potential ROI
+67.7%
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
15%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 12.2%
5 year growth: 26.4%
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.

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Location

9 Pratt Close, Mansfield, Nottinghamshire, NG19 6HQ
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