Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · NG18 3AY
For saleReduced £14.5k (−15.3%) on 26 OctListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY Investment opportunity! Two-bedroom mid-terrace property on Methuen Avenue, Mansfield. Offering a living room, fitted kitchen, ground floor WC, first-floor bathroom and enclosed rear garden.
Requiring some improvement, making it ideal for investors or buyers seeking a project. DESCRIPTION Investment Opportunity!
Situated on Methuen Avenue in Mansfield, this two-bedroom mid-terrace property offers excellent potential for investors, landlords or buyers looking for a project.
The accommodation comprises an entrance hall, spacious living room, fitted kitchen with useful understairs storage and a ground floor WC.
To the first floor are two well-proportioned bedrooms and a family bathroom fitted with a bath, wash hand basin and WC.
While the property would benefit from some improvement and modernisation, it provides a fantastic opportunity to add value and personalise to suit individual requirements.
Externally, the property enjoys a fenced frontage with slabbed patio area and an enclosed rear garden featuring lawn, patio space, a garden shed and access over the neighbouring garden.
Conveniently located close to local amenities, schools and transport links, this property presents an excellent opportunity for those seeking a home to renovate or a potential buy-to-let investment.
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hall Accessed via a wooden front door, the entrance hall features tiled flooring and a wall mounted radiator, with access to the ground floor accommodation.
Living Room A spacious reception room featuring exposed floorboards, a wall mounted radiator and a double glazed window to the front elevation allowing for plenty of natural light.
Kitchen Fitted with a range of matching wall and base units incorporating an inset stainless steel sink and drainer.
Benefiting from tiled splashbacks, a wall mounted radiator, understairs storage cupboard, double glazed window to the rear and a UPVC door providing access to the garden.
Wc / Cloakroom Convenient ground floor cloakroom comprising a low flush WC, wall mounted radiator and a double glazed opaque window to the rear elevation.
Landing Having exposed floorboards and access to the loft space. Doors lead to all first-floor rooms.
Bedroom One A generous double bedroom with exposed floorboards, wall mounted radiator, two double glazed windows to the front elevation and a useful storage cupboard housing the boiler.
Bedroom Two A well-proportioned bedroom featuring exposed floorboards, wall mounted radiator and a double glazed window overlooking the rear garden.
Bathroom Comprising a bath, wash hand basin and low flush WC.
The room benefits from exposed floorboards, Aquaboard splashbacks, wall mounted radiator and a double glazed opaque window to the rear elevation.
Externals Front Exterior The property is set behind a fenced boundary with a slabbed patio area to the front.
Rear Garden The enclosed rear garden incorporates lawned sections alongside concrete and paved patio areas. Further benefits include a garden shed and access over the neighbouring garden. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Potential buyers are advised to recheck the measurements before committing to any expense. 5.
Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6.
Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Methuen Avenue, Mansfield
Explore nearby