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Ling Forest Close, Mansfield NG18 - Image 1
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Ling Forest Close, Mansfield NG18

East Midlands

£167,995
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
560 sqft

Description

This two-bedroom semi-detached bungalow presents a promising renovation opportunity in Mansfield. The home requires minor updates, which provide the ideal canvas for buyers with a vision for improvement. Features include a reception room, bathroom, kitchen, and benefits like double glazing and gas central heating throughout. The spacious rear garden offers potential for landscaping or outdoor enhancements, while the front driveway accommodates two to three vehicles.<br><br>Located conveniently close to local amenities, schools, and transport links to Mansfield town centre, this property is perfect for investors looking to add value or homeowners eager to create their dream space through selective renovations. The existing layout offers a solid foundation for modernisation without extensive structural changes required.

Investment Analysis

(NG18 area)

Above Market Value

This property is priced +43.4% above area average per sq ft

+43.4%
This Property
£300/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£184
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£128,867
10% above area average per sq ft
Potential ROI
-31.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NG18)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -6.5%
5 year growth: 11.5%
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

Ling Forest Close, Mansfield NG18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£615
Based on a loan of £125,996 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE