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Westfield Lane, Mansfield

East Midlands

£160,000
Listed on 16/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This four-bedroom property located in Mansfield represents a promising investment opportunity for those prepared to undertake a comprehensive renovation. The spacious layout includes a welcoming living room featuring a sizable bay window, providing ample natural light, along with a separate dining room that overlooks the generous rear garden. The ground floor also houses a fitted kitchen with potential for modern upgrades and a convenient WC. Upstairs, there are four well-sized bedrooms that adapt well to either family living or rental purposes. Each of these rooms offers the chance to reconfigure or refresh as desired. The external space boasts a large patio area, ripe for transformation into an inviting outdoor setting. This property offers buyers the chance to put their own stamp on it and significantly increase its value, making it suitable for investors or families looking to create their ideal home in this desirable location close to local amenities and transport links.

Investment Analysis

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

Renovation Potential

Heavy 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

Westfield Lane, 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
£586
Based on a loan of £120,000 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