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George Street, Forest Town, Mansfield

East Midlands

£150,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
952 sqft

Description

Nestled in a desirable residential neighborhood, this three-bedroom home presents an exceptional opportunity for those looking to personalize their living space. The property features a generous living room and a fitted kitchen, complemented by a conservatory at the rear that offers useful extra space and pleasant views over the garden. The first floor hosts three nicely-sized bedrooms along with a family bathroom, catering well to family needs. Outside, you'll find a driveway for off-street parking and a sizable garden that invites potential enhancements, whether for family gatherings or landscaping projects. While the interior calls for comprehensive modernization, it stands as a prime candidate for first-time buyers or investors seeking to make a rewarding project in an attractive location. Viewing is recommended to grasp the full scope of what this property can become.

Investment Analysis

(NG19 area)

Below Market Value

This property is priced -24.2% below area average per sq ft

-24.2%
Potential saving
This Property
£158/sq ft
Area Average
£208/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£217,608
10% above area average per sq ft
Potential ROI
+14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG19)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +6.5%
5 year growth: +18.4%
Investment Disclaimer: Analysis based on NG19 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

George Street, Forest Town, Mansfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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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