2-bedroom terraced house · NG20 8RG
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Priced to sell-vacant & chain free Offered to the market with no onward chain and vacant possession, this two bedroom mid-terraced house presents an excellent opportunity for first-time buyers, investors or those seeking a project.
Priced to sell and in need of modernisation and refurbishment, the property offers significant potential for value enhancement and personalisation.
Upon entering, you are welcomed by a well-proportioned living space that leads through to kitchen.
Upstairs, there are two bedrooms and a family bathroom, offering ample space for a small family, couple or professional sharers.
The property benefits from council tax band A, making it an affordable option for a range of buyers.
An outbuilding to the rear provides valuable storage space and is also accessible via a rear lane, offering practicality and convenience for bicycles, tools or additional household items.
On street parking is available (unallocated), ensuring ease of access for residents and visitors alike.
The location is particularly appealing, situated close to local schools and cricket grounds, making it ideal for families and sports enthusiasts.
Nottingham city centre is approximately 15 miles away, providing a straightforward commute for those working or studying in the city.
With an anticipated rental income of around £700 per calendar month following improvements, this property represents a strong buy to let investment. EPC rating is to be confirmed.
This is a rare opportunity to acquire a competitively priced home with scope to add value in a well-connected and popular residential area.
Early viewing is highly recommended to appreciate the potential on offer. Nb.
In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.
A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information. 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: Mp 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: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Location 73 Recreation Drive, Shirebrook - NG20 8RG Parking - On Street Unallocated
Value & comps
No previous sales on record.
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 asking
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
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FAQ
About 73 Recreation Drive, Mansfield
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