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Chestnut Drive, Shirebrook, Mansfield - Image 1
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Chestnut Drive, Shirebrook, Mansfield

East Midlands

£140,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
878 sqft

Description

This three-bedroom semi-detached property in Shirebrook presents a promising opportunity for renovation enthusiasts looking to create their ideal family home. The home is offered with no onward chain, making it an appealing project for investors or DIY fans. The exterior benefits from a substantial driveway providing parking for multiple vehicles and includes a detached garage for additional storage or workshop potential. Internally, the property comprises a spacious lounge with ample natural light from dual front windows, a functional kitchen with pantry access, and a utility room that adds convenience. The three bedrooms offer generous space while the bathroom and separate WC give room for modern upgrades. The outside area features a fenced garden with both concrete patio sections and a lawn, along with useful outdoor storage sheds. With considerable scope for improvements throughout, this home is ripe for modernization in a desirable residential setting.

Investment Analysis

(NG20 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£159/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£184,033
10% above area average per sq ft
Potential ROI
+2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (NG20)

Area prices are falling by -5.7% over the last 12 months
3 year growth: +2.4%
5 year growth: +22.0%
Investment Disclaimer: Analysis based on NG20 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

Chestnut Drive, Shirebrook, 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
£505
Based on a loan of £105,000 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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