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76 Carter Lane, Mansfield, NG18 3DH

East Midlands

£50,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
503 sqft

Description

This semi-detached house, located on Carter Lane, presents an excellent opportunity for renovation and investment. The property is conveniently positioned near Mansfield Town Centre, offering access to local amenities and transport links, including the nearby Mansfield Train Station. Fisher Lane Park is also a short distance away, enhancing the appeal of the location. The accommodation spans two floors, featuring three bedrooms and a bathroom on the first floor. The ground floor includes an entrance hall, living room, dining room, and kitchen. While the property requires modernisation throughout, this presents a blank canvas for potential buyers looking to create their ideal home or investment property. With vacant possession available, there are no immediate tenancy concerns to manage. The house boasts a rear garden that could be revitalised as part of any refurbishment plans. This property holds significant potential for those willing to undertake the necessary updates.

Investment Analysis

(NG18 area)

Below Market Value

This property is priced -52.5% below area average per sq ft

-52.5%
Potential saving
This Property
£99/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£182
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£115,861
10% above area average per sq ft
Potential ROI
+28.7%
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

76 Carter Lane, Mansfield, NG18 3DH
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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
£177
Based on a loan of £37,500 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

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