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Paddock Close, Mansfield, NG18

East Midlands

£535,000

Listed on 23/06/2026

Property details

Bedrooms
5
Type
Detached

Description

This generously sized detached family residence features five spacious bedrooms and offers ample opportunity for future enhancement. The property is currently modernized, making it a comfortable choice for families, yet it retains considerable development potential—particularly with options to convert the loft space into additional bedrooms, pending planning approval. Conveniently located, it provides easy access to local shopping options and is situated within the catchment area for High Oakham Primary School. The layout includes a welcoming entrance hall leading to a bay-windowed living room with a fireplace, a dining room suitable for larger gatherings, and a well-equipped kitchen that opens into a bright conservatory overlooking the rear garden. An office space offers versatility for remote work, while the home’s ground floor also contains a convenient W/C and a double garage. On the first floor, five well-sized double bedrooms are complemented by three en-suite shower rooms and a family bathroom. Outdoor spaces are equally impressive, with a tiered garden designed for leisure and entertaining, featuring artificial lawns, paved patios, bespoke seating areas, and even an outbuilding currently utilized as a man cave—which presents further potential for transformation into an office or gym. This property represents an excellent opportunity not only for those looking to settle in but also for investors interested in maximizing its inherent value through thoughtful renovations.

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Investment analysis

(NG18 area)
Area Average
£206/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £80,000
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

Paddock Close, Mansfield, NG18
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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
£2,021
Based on a loan of £401,250 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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