Worst House on the Street Logo
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 1
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 2
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 3
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 4
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 5
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 6
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 7
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 8
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 9
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 10
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 11
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 12
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 13
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 14
Newgate Lane, Mansfield, Nottinghamshire, NG18 - Image 15

Newgate Lane, Mansfield, Nottinghamshire, NG18

East Midlands

£70,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
954 sqft

Description

This two-bedroom mid-terrace home, available through the modern auction method, presents a unique opportunity for both aspiring homeowners and savvy investors. The property is in need of comprehensive modernization, which could greatly enhance its value and rental appeal. With its potential for significant capital growth, it is well-positioned for those looking to invest in the property market. First-time buyers will find this an excellent entry point with the prospect of creating a personalized space over time. Investors are likely to appreciate the opportunity to rejuvenate this property into a desirable rental unit, given the ongoing demand in the East Midlands region.

Investment Analysis

(NG18 area)

Below Market Value

This property is priced -65.0% below area average per sq ft

-65.0%
Potential saving
This Property
£73/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£182
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£219,744
10% above area average per sq ft
Potential ROI
+131.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NG18)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -3.5%
5 year growth: +6.9%
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

Newgate Lane, Mansfield, Nottinghamshire, NG18
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£248
Based on a loan of £52,500 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates