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Coronation Avenue, New Houghton, Mansfield NG19 - Image 1
Coronation Avenue, New Houghton, Mansfield NG19 - Image 2
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Coronation Avenue, New Houghton, Mansfield NG19

East Midlands

£110,000
Listed on 11/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This well-situated plot at the tranquil end of a cul-de-sac on Coronation Avenue presents a unique chance for developers and investors. With full planning permission already secured for the construction of two three-bedroom detached homes, this offering is particularly appealing for those looking to capitalize on residential development in a desirable area. The length of the planning process—three years—ensures all local authority requirements have been comprehensively addressed, making it an advantageous groundwork for immediate building efforts. Nestled in an established neighborhood, the site promises privacy and reduced traffic, catering to modern family needs while still being conveniently close to local amenities, schools, public transport, and green spaces. This generous parcel allows for well-spaced homes with ample gardens and parking—a rare find that highlights its investment potential. Whether you are a seasoned developer or an enthusiastic self-builder, this land offers a prime opportunity to create quality residences in a sought-after location.

Investment Analysis

(NG19 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£198
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NG19)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 8.8%
5 year growth: 24.7%
Investment Disclaimer: Analysis based on NG19 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

Coronation Avenue, New Houghton, Mansfield NG19
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 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