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High Oakham Hill, Mansfield, NG18

East Midlands

£284,950
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
953 sqft

Description

This detached bungalow offers a unique opportunity for redevelopment or extensive modernisation, making it an ideal project for those looking to invest in a desirable location. Currently featuring three bedrooms, a bathroom, a lounge, and a kitchen, the layout provides ample space to reconfigure according to contemporary standards. The front and rear gardens are an open slate for re-landscaping and personal touches, enhancing outdoor enjoyment. Located within the catchment area of High Oakham School and near Mansfield Town Centre, this property is well-positioned for accessibility to local amenities and transport connections. Given its potential for transformation into a stylish home tailored to personal preferences, early viewing is highly recommended to fully appreciate what this property can become.

Investment Analysis

(NG18 area)

Above Market Value

This property is priced +44.3% above area average per sq ft

+44.3%
This Property
£299/sq ft
Area Average
£207/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£217,260
10% above area average per sq ft
Potential ROI
-40.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (NG18)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.0%
5 year growth: +9.7%
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

High Oakham Hill, Mansfield, NG18
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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
£1,028
Based on a loan of £213,712 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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