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Carter Lane, Mansfield

East Midlands

£85,000
Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced property presents a valuable opportunity for buyers eager to invest their creativity and effort into a renovation project. Conveniently located within striking distance of Mansfield town centre, this home not only benefits from its prime location but also offers significant potential for enhancement. The interior features a robust layout with spacious rooms that are ripe for modernization. The living room and separate dining area provide versatile spaces that can be transformed into comfortable living areas or additional receptions. A functional kitchen completes the ground floor, ready for an upgrade to improve both style and practicality. Upstairs, you will find two generously sized bedrooms alongside a three-piece bathroom, offering adaptable accommodation suitable for couples, small families, or investment opportunities. The outdoor space is particularly noteworthy; the lengthy garden at the rear is a blank canvas that could be reimagined into an inviting outdoor retreat or even developed further (subject to necessary permissions), making it an excellent avenue for increasing property value. Located in Mansfield, a vibrant market town in Nottinghamshire, residents benefit from a lively community atmosphere coupled with modern amenities and easy access to beautiful countryside. With its mix of local shops, markets, parks, and leisure facilities such as the Four Seasons Shopping Centre, this area appeals to those seeking both convenience and a strong local identity.

Investment Analysis

(NG18 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG18)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.6%
5 year growth: +6.8%
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

Carter Lane, 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
£303
Based on a loan of £63,750 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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