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Mansfield Road, Redhill, Nottingham

East Midlands

£550,000
Listed on 15/04/2026

Property Details

Bedrooms
5
Type
Detached

Description

This expansive detached family residence offers a wealth of accommodation spread over three floors, making it ideal for larger or multi-generational families. Comprising five reception areas and up to six bedrooms, including three with en-suites, this property has been notably extended and presents a promising opportunity for modernisation. The generous layout not only enhances daily living but also invites personal touches that can transform it into a bespoke family home. The large rear garden features both a garden room equipped with a bar and an Arctic cabin with a fire pit, providing unique spaces for outdoor entertainment. While the extensive square footage promises versatility, there is considerable potential for upgrades and design choices that reflect contemporary tastes. Given its dimensions and configuration, this home stands out in its setting, offering the chance to increase value through thoughtful renovations. The sizeable outdoor area allows for further enhancements to create even more engaging social spaces. Overall, this property represents a substantial investment opportunity with the right vision and updates.

Investment Analysis

(NG5 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
92
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NG5)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +7.5%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on NG5 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

Mansfield Road, Redhill, Nottingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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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