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Verney Street, New Houghton, Mansfield

East Midlands

£90,000
Listed on 07/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

Nestled on Verney Street in New Houghton, Mansfield, this terraced house offers a compelling opportunity for buyers eager to embark on a renovation journey. The property features two generously sized reception rooms that provide ample space for both leisure and entertaining guests. The two well-sized bedrooms are comfortable and functional, making the home suitable for small families or couples looking to create their ideal living space. The existing bathroom is operational but would greatly benefit from modernization, providing an excellent chance for personalization and flair. Throughout the property, there is significant potential for enhancement, making it an attractive project for those with creative vision. Located in a friendly community, the house is conveniently placed near local amenities, schools, and green spaces, ensuring everything you need is at your fingertips. This setting fosters a strong sense of community, ideal for anyone looking to put down roots. This property not only represents a house but also offers the chance to design a home that truly reflects your style and preferences. With some creativity and effort, this charming terraced house can be transformed into a stylish modern abode—whether you're entering the market as a first-time buyer or as an investor seeking promising prospects.

Investment Analysis

(NG19 area)
Area Average
£201/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +9.2%
5 year growth: +24.5%
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

Verney Street, New Houghton, Mansfield
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£325
Based on a loan of £67,500 over 30 years at 4.06% 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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