Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · NG19 8TH
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discover this charming 3-bedroom terraced house in the heart of New Houghton, perfect for families or first-time buyers seeking a comfortable and affordable home.
Boasting a well-proportioned reception room, a modern bathroom, and a practical layout, this property offers a cozy living space with excellent potential to personalise.
The home benefits from immediate exchange of contracts, ensuring a smooth and swift purchasing process for added peace of mind.
Sold via ‘Secure Sale’, you can buy with confidence knowing the transaction is protected and straightforward.
Located in a friendly neighbourhood with convenient access to local amenities, schools, and transport links, this terraced house presents an excellent opportunity to secure a delightful property without delay.
Don’t miss out on owning this fantastic home in New Houghton – ideal for those looking to move quickly into a welcoming community.
Arrange a viewing today and experience the potential this property has to offer!
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A nonrefundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Building Safety No Mobile Signal 4G great data and voice Construction Type Brick Existing Planning Permission No Coalfield or Mining It is indicated that this property is located within 1km of a coalfield or mining area.
Second Reception Room Enter through the uPVC door into the reception room, with laminate flooring, radiator, under stairs store cupboard, stairs ff to the first floor and an opening into the lounge.
Lounge With carpet flooring, radiator, uPVC window to the rear aspect and a door leading into the kitchen.
Kitchen Fitted with wall and base units and roll edge worksurfaces with inset stainless steel sink, drainer and mixer tap.
Space and plumbing for washing machine, fridge/freezer and integrated electric oven, hob and extractor fan.
Vinyl flooring, tiled splash backs, uPVC door to the rear garden and door leading to the bathroom. Bathroom Fitted with a three piece suite comprising bath, low flush WC and handwash basin.
Vinyl flooring, part tiled walls, radiator and obscure window. Landing Carpet flooring and doors leading to the three bedrooms.
Master Bedroom With carpet flooring, radiator and uPVC to the front aspect. Bedroom Two With carpet flooring, radiator, uPVC window to the rear aspect sand wall mounted combi boiler.
Bedroom Three With carpet flooring, radiator and uPVC window to the rear aspect. Outside The rear garden is laid mainly to lawn with a hard standing area for seating.
There is a gate to the rear garden that allows access to the the private parking space.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Verney Street, New Houghton, Mansfield, NG19
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