2-bedroom terraced house · NG19 7SJ
Listing removedReduced £2.5k (−2.5%) on 14 AugListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold as seen- A great opportunity...In the charming area of Grove Cottages in Pleasley, Mansfield, this delightful terraced house presents an excellent opportunity for those seeking a comfortable and modern living space.
With its inviting façade and a sense of community, this property is perfect for first-time buyers or small families looking to settle in a peaceful neighbourhood.
Upon entering the house, you are greeted by a well-proportioned reception room that serves as the heart of the home.
This space is designed for both relaxation and entertaining, offering a warm and welcoming atmosphere.
The ground floor also features a thoughtfully designed kitchen, which is currently in the final stages of renovation, as well as a convenient shower room also nearing completion.
Together, these refreshed spaces ensure the home will soon offer modern appliances, stylish finishes, and added practicality, making it a joy to cook, refresh, and gather with loved ones.
Venturing upstairs, you will find two comfortable bedrooms, each offering a serene retreat for rest and relaxation.
The layout is practical, with ample natural light flooding through the windows, creating a bright and airy feel. Outside, the property boasts a charming garden space both at the front and rear.
The front garden provides a pleasant welcome, while the rear garden offers a private outdoor area, perfect for enjoying the fresh air or hosting summer barbecues.
With the renovations nearing completion, this house is poised to become a wonderful home, blending modern comforts with the character of a traditional terraced property.
Don't miss the chance to make this lovely house your own in the heart of Pleasley.
Living Room (3.25 x 3.44 (10'7" x 11'3")) Laminate flooring living room with central heating radiator, built in cupboard, window to the front and side elevation.
Kitchen/Dining Room (3.25 x 4.50 (10'7" x 14'9")) Matching cabinet's, with ample worktop space, new integrated appliances and space for more, an inset sink and windows to the rear and side elevation.
Hall Hallway with access from the outside.
Shower Room (1.72 x 2.78 (5'7" x 9'1")) Shower room in progress with high pressure shower head, marble tiling and a low flush WC and a window to the side exterior.
Bedroom One (3.27 x 3.55 (10'8" x 11'7")) Carpeted flooring, central heating radiator and window to the rear elevation.
Bedroom Two (3.27 x 4.47 (10'8" x 14'7")) Carpeted flooring, central heating radiator and window to the front and side elevation. Outside Generous space to the front and rear elevation.
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.
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FAQ
About 1, Grove Cottages, Mansfield
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