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Carter Lane, Mansfield NG18

East Midlands

£85,000

Listed on 31/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced property presents a promising renovation opportunity for those looking to invest in a home that they can personalize. Situated conveniently close to the amenities of Mansfield town centre, it offers potential buyers both accessibility and the chance to enhance its value through modernization. The layout features spacious living areas including a sizable living room and separate dining room, providing flexible options for daily living or entertaining. A well-equipped kitchen rounds out the ground floor's offerings. Upstairs, there are two generously sized bedrooms along with a three-piece bathroom, forming a solid foundation for comfortable living. The highlight of this property is its generous garden space at the rear, which not only adds outdoor appeal but also presents significant potential for future enhancements or possible development (subject to necessary permissions). Overall, this home is an excellent blank canvas for buyers ready to invest their vision and creativity. Mansfield itself boasts a vibrant community with plentiful local amenities including shops, restaurants, and leisure facilities, alongside its scenic surroundings offering various outdoor activities in nearby Sherwood Forest.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Carter Lane, 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
£321
Based on a loan of £63,750 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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