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Southwell Road West, Mansfield

East Midlands

£240,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This charming detached bungalow, located on Southwell Road West in Mansfield, presents an excellent opportunity for those looking to invest in a property with considerable potential. The serene surroundings and convenient access to local amenities make this home perfect for a peaceful lifestyle while remaining close to essential services. <br><br>Upon entering, you'll find a spacious layout that offers a canvas for personalization. The bright reception rooms create an inviting space suitable for both unwinding and entertaining guests. Although the kitchen requires modernization, it provides a practical foundation for culinary pursuits; with some creative updates, it could easily become the centerpiece of family gatherings. <br><br>The property features two generously sized bedrooms that offer comfortable retreats for relaxation. Additionally, the accommodation includes a shower room and a separate WC, enhancing the functionality of the space.<br><br>Outside, the expansive garden is well-maintained and ripe for development – whether you're looking to cultivate your green thumb or design an outdoor haven for social events under the open sky. This bungalow holds significant appeal as a renovation project or an investment opportunity awaiting the right buyer to infuse it with new life.

Investment Analysis

(NG18 area)
Area Average
£210/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (NG18)

Area prices are falling by +2.9% over the last 12 months
3 year growth: -7.0%
5 year growth: 8.5%
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.

Location

Southwell Road West, 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
£879
Based on a loan of £180,000 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