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Lindhurst Lane, Mansfield

East Midlands

£395,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1193 sqft

Description

This detached bungalow presents a compelling renovation project, ideal for investors or those looking to craft their dream home. Nestled on a generous plot of approximately 0.24 acres, the property offers two double bedrooms and has received planning permission for extensive enhancements, including a loft conversion and both front and rear extensions. Once updated, the living space can expand significantly from its current 1,193 sq ft to about 2,055 sq ft, featuring four bedrooms and multiple bathrooms—a configuration that caters perfectly to modern family needs. Built in the 1950s with traditional brick elevations under a hipped roof, this bungalow boasts essential amenities such as gas central heating and UPVC double glazing. The current layout consists of an entrance porch leading into a welcoming hall, a spacious lounge with a fireplace, an adaptable study area, an open kitchen/diner that benefits from natural light through French doors into the rear garden, alongside two ample bedrooms and bathroom facilities. The exterior includes well-established gardens to both the front and rear, complete with a carport and detached garage—offering substantial outdoor space for further development or landscaping. Situated in the sought-after Berry Hill area near King George V Recreation Ground, this property not only provides tranquility but also presents significant potential for capital growth through thoughtful renovations. This is your chance to enter the market with a property that has both charm and promise for future value enhancement.

Investment Analysis

(NG18 area)

Above Market Value

This property is priced +61.1% above area average per sq ft

+61.1%
This Property
£331/sq ft
Area Average
£206/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£269,678
10% above area average per sq ft
Potential ROI
-44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NG18)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.4%
5 year growth: +5.6%
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

Lindhurst Lane, Mansfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,492
Based on a loan of £296,250 over 30 years at 4.45% 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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