2-bedroom terraced house · NG20 0SR
For saleListed 24 daysAuction 20 Oct · today
Opportunity summary
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About
Auction Commencing on Monday 19th October at 1pm and ending 24 hours later on Tuesday 20th October from 11am with Auction House Notts and Derby Please register to bid via our website - auctionhouse.co.uk/nottsandderby A spacious two-bedroom detached home offering approximately 1,037 sq.
ft. of accommodation, with off-road parking, a generous rear garden and excellent scope for refurbishment and adding value.
Offered for sale by auction is this substantial two-bedroom detached property, occupying a generous plot on Wood Lane in the popular residential village of Church Warsop.
Providing approximately 1,037 sq. ft. (96.3 sq.
m.) of accommodation, the property offers particularly spacious rooms throughout and represents an excellent opportunity for investors, developers or owner-occupiers looking for a home they can improve and add value to.
The ground floor comprises an entrance hall, an impressive living room measuring approximately 16'3" x 16'0", together with a similarly generous 16'3" x 14'5" kitchen/dining area with access to the rear.
To the first floor are two well-proportioned double bedrooms, including a particularly large principal bedroom measuring approximately 16'3" x 12'10", alongside a sizeable family bathroom fitted with both a bath and separate shower enclosure.
While parts of the property have already benefited from improvement, further refurbishment and finishing works are required, giving the purchaser an opportunity to modernise the accommodation to their own specification.
Externally, the property benefits from a block-paved driveway providing off-road parking to the front, while to the rear is a generous enclosed garden with outbuildings and excellent scope for landscaping.
Well positioned for local amenities, schools and transport connections, this is a sizeable detached home with considerable potential and is expected to appeal to a range of buyers.
Key Features: Two-bedroom detached property Approx. 1,037 sq. ft. / 96.3 sq. m.
Vacant possession Excellent refurbishment opportunity Two generous double bedrooms Large living room Spacious kitchen/dining area Family bathroom with bath and separate shower Block-paved driveway providing off-road parking Generous rear garden with outbuildings Scope to modernise and add value Popular residential location Tenure: Freehold EPC Rating: D Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 50 Wood Lane, Church Warsop, Mansfield, Nottinghamshire NG20 0SR
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