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Houfton Road, Mansfield, Nottinghamshire, NG18 - Image 1
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Houfton Road, Mansfield, Nottinghamshire, NG18 - Image 3
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Houfton Road, Mansfield, Nottinghamshire, NG18 - Image 8
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Houfton Road, Mansfield, Nottinghamshire, NG18 - Image 11

Houfton Road, Mansfield, Nottinghamshire, NG18

East Midlands

£100,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
610 sqft

Description

This two-bedroom residence presents a promising opportunity for both first-time buyers and savvy investors looking to capitalize on its renovation potential. The property features a secure gated driveway at the front, complemented by side access that leads to a manageable rear garden. Internally, you'll find a generous living room, a functional kitchen, and an accessible downstairs shower room. Upstairs, there are two spacious double bedrooms. With ample scope for enhancement and modernisation, this home is ideal for those looking to create their own space or establish a rental investment that can be improved over time.

Investment Analysis

(NG18 area)

Below Market Value

This property is priced -21.6% below area average per sq ft

-21.6%
Potential saving
This Property
£164/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£140,373
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG18)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -6.5%
5 year growth: 11.5%
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

Houfton Road, Mansfield, Nottinghamshire, NG18
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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