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Grange Road, Blidworth, Mansfield, Nottinghamshire

East Midlands

£150,000
Listed on 13/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
866 sqft

Description

This three-bedroom terraced house presents a significant opportunity for investors looking to enhance value through renovation. Boasting spacious living areas, the property features a comfortable lounge with an inviting fireplace and French doors that lead out to a large, private rear garden. The kitchen/diner is generously sized, equipped with essential appliances and ample space for family meals, while a utility area adds practicality with direct access to the garden. The first floor comprises two sizable double bedrooms along with a single bedroom that could be repurposed as an office or nursery, providing flexibility for future occupants. A family bathroom completes this level, offering potential for modernization. Externally, off-road parking at the front is coupled with a substantial rear garden that not only offers landscaping opportunities but also has the potential for expansions (subject to planning permissions). The property is situated in a well-established residential area close to local amenities and schools, ensuring strong demand from families and tenants alike. With excellent transport links and proximity to scenic outdoor spaces like Sherwood Forest, this property stands out as an investment with strong rental potential and plenty of room for improvement.

Investment Analysis

(NG21 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£173/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£213,382
10% above area average per sq ft
Potential ROI
+15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NG21)

Area prices are falling by -9.3% over the last 12 months
3 year growth: -4.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on NG21 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

Grange Road, Blidworth, Mansfield, Nottinghamshire
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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.

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