Vale Drive, Mansfield, NG20
East Midlands
£140,000
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
947 sqftFeatures
- Garden
- Parking
Description
This three-bedroom terraced house in Shirebrook is currently arranged for Airbnb use and is offered with vacant possession and no upward chain. The ground floor includes an entrance hall, a lounge, a front kitchen, a rear room used as a guest bedroom, and separate shower-room and toilet facilities. The rear room could also serve as a dining room, office or additional sitting room, subject to the buyer's preferred layout.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £140,000, this three-bedroom terrace is priced at about £148 per sq ft, around 23% below the local average—a strong entry point for a buyer looking to acquire and add value. The photographed living and bedroom spaces look clean and usable, while the older-style kitchen offers scope for a cosmetic refresh rather than an obvious full replacement. The guest-accommodation layout also gives a buyer flexibility to retain or adapt the ground floor, with any reconfiguration or consents needing to be checked.
The main hands-on job is outside: clearing the overgrown rear garden and tidying its worn path sections. With renovation estimated at £4,500–£12,000, this is a relatively light project, and the stated off-road parking and garden add useful appeal.
Key opportunities
- Acquire below the local average at about £148 per sq ft, versus £192 per sq ft locally.
- Clear and improve the rear garden, including the overgrown areas and worn path sections.
- Refresh the older-style kitchen and consider how the guest-accommodation ground-floor arrangement could suit a new owner's needs.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£529
Based on a loan of £105,000 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.
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