2-bedroom bungalow · NG18 4RN
For saleReduced £15k (−5.2%) on 7 OctListed 28 days
Opportunity summary
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About
Agent note - There is a neighbourhood agreement in place with this property over the near by flats, please contact the agent for more information.
"This well-positioned two-bedroom bungalow provides excellent potential for modernisation, complemented by a good garden, private driveway and garage." Luke, Valuer Ready To Downsize?
This two-bedroom bungalow is situated in Mansfield and offers a practical layout with the added benefit of good external space.
The property includes a private driveway, garage and pleasant garden, providing useful parking, storage and outdoor space.
While the property would benefit from updating to bring it in line with modern expectations, it presents a good opportunity for renovation and improvement.
Not to mention the property enjoys wonderful privacy and is not overlooked.
The Finer Details This two-bedroom bungalow is situated in Mansfield and offers comfortable single-storey accommodation within a well-established residential setting.
The property provides a practical layout and presents an excellent opportunity for modernisation and improvement.
On entering the property, there is a useful entrance porch leading into the hallway, providing access to the main accommodation.
The lounge offers a comfortable living space, while the kitchen provides a functional area with scope for updating and modernisation.
The property benefits from two bedrooms, offering flexible accommodation for a range of purchasers, together with a shower room.
The bedrooms provide comfortable sleeping accommodation, while the shower room is conveniently positioned within the property.
Externally, the property benefits from a driveway and garage to the front, providing useful off-road parking and storage.
To the rear is a lovely garden, featuring a combination of shrubs, mature plants and areas of lawn, creating a pleasant and established outdoor space.
Vendor note - There is a neighbourhood agreement in place with this property over the near by flats, please contact the agent for more information.
Life In Mansfield Mansfield is a well-established market town in Nottinghamshire, offering a wide range of amenities and a convenient setting for both families and professionals.
The town centre provides a variety of shops, cafés, restaurants and everyday services, with larger retail and leisure facilities also available nearby.
For those who enjoy the outdoors, Mansfield benefits from its close proximity to some of Nottinghamshire’s attractive countryside.
There are a number of parks, open spaces and walking routes within the surrounding area, providing opportunities to enjoy the outdoors while remaining close to the amenities of the town.
The area offers a good choice of schools and local facilities, making Mansfield a popular location for a variety of buyers.
The town also provides a range of recreational facilities, including leisure centres, sporting opportunities and places to socialise.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 48, Berry Park Lea, Mansfield
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