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Devonshire Drive, Langwith, Mansfield, Nottinghamshire, NG20 - Image 1
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Devonshire Drive, Langwith, Mansfield, Nottinghamshire, NG20

East Midlands

£125,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
769 sqft

Description

This three-bedroom end terrace property presents a significant opportunity for renovation and investment. While the house requires refurbishment throughout, it boasts a well-sized reception area, a functional kitchen, and a downstairs bathroom with a separate WC. The layout includes an entrance hall leading to the lounge diner and kitchen on the ground floor, and three bedrooms upstairs, each benefitting from natural light. Outside, there is off-road parking available for up to two vehicles at the front, alongside a garden to the rear that could be transformed into an inviting outdoor space. With its potential to become either a comfortable family residence or a profitable rental investment, this property warrants close inspection to fully appreciate its size and possibilities.

Investment Analysis

(NG20 area)

Below Market Value

This property is priced -14.7% below area average per sq ft

-14.7%
Potential saving
This Property
£163/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£161,186
10% above area average per sq ft
Potential ROI
+4.0%
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

Devonshire Drive, Langwith, Mansfield, Nottinghamshire, NG20
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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
£451
Based on a loan of £93,750 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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