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Smithy Farm, Mansfield Road, Heath

Yorkshire

£750,000
Listed on 13/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a compelling opportunity for those interested in renovation and development ventures. Comprising a brick-built farmhouse set on approximately 1.73 acres, the site includes several agricultural outbuildings and expansive garden areas. Once granted planning permission for eight detached homes, this consent has lapsed; however, the potential for redevelopment remains substantial, subject to securing new approvals. The farmhouse offers spacious accommodation across two levels, featuring four double bedrooms, a kitchen diner, a dining room, and a lounge—all of which are in need of internal modernization but provide a solid foundation for transformation into a modern family home. The surrounding gardens and yard area are well-sized and could be enhanced to suit various purposes including residential or commercial endeavors. The outbuildings add significant value; though requiring repairs, they hold promise for conversion into additional living space or business facilities. Located near Heath village with access to essential amenities and major transport links within close proximity, the setting strikes a balance between rural charm and accessibility. This property is ideal for small-scale developers or investors seeking to capitalize on its unrefined potential.

Investment Analysis

(S44 area)
Area Average
£219/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (S44)

Area prices are falling by -5.3% over the last 12 months
3 year growth: +3.5%
5 year growth: +21.9%
Investment Disclaimer: Analysis based on S44 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

Smithy Farm, Mansfield Road, Heath
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 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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