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Norwich Close, Mansfield Woodhouse, Mansfield - Image 1
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Norwich Close, Mansfield Woodhouse, Mansfield

East Midlands

£240,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
936 sqft

Description

This three-bedroom detached home is situated on a spacious plot within a peaceful cul-de-sac, making it an ideal project for those looking to create their perfect family space. Although the property requires modernisation, it presents a significant opportunity for renovation and expansion, pending necessary approvals. The layout includes an entrance porch leading into a hallway with stairs to the first floor, an open-plan lounge and dining area that benefits from natural light, as well as a kitchen with utility area and integral garage that offers versatility for storage or potential reconfiguration. Upstairs, you'll find three well-sized bedrooms along with a family bathroom. The exterior features mature gardens and ample off-road parking, enhancing the property's appeal. Located in a desirable neighbourhood, this home provides both tranquility and convenient access to local amenities, schools, and transport links. With no upward chain, it stands as a rare chance to invest in a property with extensive potential to add value and personalise according to your vision.

Investment Analysis

(NG19 area)

Above Market Value

This property is priced +28.6% above area average per sq ft

+28.6%
This Property
£256/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£205,251
10% above area average per sq ft
Potential ROI
-26.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Norwich Close, Mansfield Woodhouse, 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