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Chestnut Drive, Shirebrook, Mansfield NG20 - Image 1
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Chestnut Drive, Shirebrook, Mansfield NG20

East Midlands

£140,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
878 sqft

Description

This semi-detached three-bedroom home in Shirebrook presents a promising renovation opportunity, ideal for buyers looking to add value through refurbishment. The property boasts off-road parking for several vehicles and a detached garage, perfect for those needing extra storage or workspace. Inside, the layout features a sizable lounge that attracts ample natural light, a functional kitchen with pantry access, and a utility room that enhances storage options. The three bedrooms are generously sized, providing flexibility for families or individuals seeking additional space. While the bathroom and separate WC retain their original fixtures, there is significant potential to modernise these areas and improve the overall aesthetic of the home. Outside, the rear garden offers both a concrete patio space and lawn area enclosed by fencing, alongside electric access and two useful sheds. This property is well-positioned in a desirable residential area, making it an excellent candidate for updates to create an inviting family residence.

Investment Analysis

(NG20 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£159/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£184,033
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (NG20)

Area prices are falling by -5.7% over the last 12 months
3 year growth: +2.4%
5 year growth: +22.0%
Investment Disclaimer: Analysis based on NG20 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

Chestnut Drive, Shirebrook, Mansfield NG20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 over 30 years at 4.06% 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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