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Egmanton Road, Mansfield, NG20 - Image 1
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Egmanton Road, Mansfield, NG20

East Midlands

£160,000
Listed on 15/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
891 sqft

Description

This semi-detached property in Meden Vale offers a wonderful opportunity for first-time buyers and investors looking to make their mark. While it has been recently updated, there remains ample room for personal touches and further enhancements. Situated on an expansive corner plot, the potential for extension or development (subject to planning permission) is considerable. Entering the home, you'll find a welcoming hallway leading to a spacious dual-aspect lounge that invites plenty of natural light. The contemporary kitchen diner is not only stylish but is also designed with practicality in mind, making it suitable for both daily family life and entertaining guests. On the upper floor, there are two substantial double bedrooms plus a well-proportioned third bedroom, all serviced by a modern bathroom. The outdoor space features a large garden that presents itself as a blank canvas—perfect for those looking to create their ideal outdoor retreat. This chain-free property is rich with potential and represents an excellent chance for anyone eager to invest in an adaptable home.

Investment Analysis

(NG20 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£180/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£186,758
10% above area average per sq ft
Potential ROI
-1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Egmanton Road, Mansfield, 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
£577
Based on a loan of £120,000 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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