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Budby Avenue, Mansfield

East Midlands

£250,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

Located in a serene residential neighborhood of Mansfield, this detached bungalow presents a considerable opportunity for renovation enthusiasts or investors seeking to craft a personalized living space. With its advantageous location near local amenities, parks, and transport links, this property is poised to cater to a diverse array of potential buyers. Upon entry, you will find two spacious reception areas that could be transformed into an inviting open-plan layout suitable for both relaxation and entertaining. The existing configuration allows for flexibility, whether you envision it as a cozy lounge, an elegant dining room, or a more modern setup. French doors enhance the space with natural light and provide access to a manageable garden area. The property offers two good-sized bedrooms that can be updated to reflect your personal style. A four-piece bathroom suite is ready for modernization, presenting an exciting chance to create a contemporary retreat. Externally, the generous garden is well-suited for outdoor activities or gardening pursuits. The detached positioning of the bungalow ensures privacy and ample space, while the front yard includes a driveway secured by dual privacy gates. This bungalow stands as an exceptional blank canvas for those keen on making their mark through renovation—early viewing is highly recommended for those ready to explore its full potential.

Investment Analysis

(NG18 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.9%

Renovation Potential

Medium 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
61%
Properties sold annually

Local Market Trend (NG18)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -6.6%
5 year growth: +6.6%
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

Budby Avenue, Mansfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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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