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 work3-bedroom house · NG20 9QL
For saleListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three bedroom semi-detached family home in Meden Vale has been thoughtfully updated throughout, offering a comfortable and modern living space ideal for growing families.
This property is offered for sale through the modern method of auction which is operated by I Am Sold Ltd. Hallway Having a front entrance door, radiator and stairs off to the first floor.
Lounge 14' 5" x 10' 10" (4.39m x 3.3m) Having a radiator and double glazed window to the front elevation.
Kitchen 15' 11" x 8' 5" (4.85m x 2.57m) Having fitted wall, drawer and base units with built in oven and electric hob, extractor over, space for washing machine, radiator, pantry providing storage, double glazed window to the side elevation and french patio doors leading to the rear garden.
Inner hall Having a rear entrance door. Shower room Having a three piece suite including a shower, low flush WC, pedestal hand wash basin and heated towel rail.
Landing Having loft access and double glazed window to the side elevation.
Bedroom 1 12' 5" x 8' 7" (3.78m x 2.62m) Having built in wardrobes, storage cupboard, radiator and double glazed window to the rear elevation bedroom 2 9' 11" x 10' 11" (3.02m x 3.33m) Having a radiator and double glazed window to the front elevation.
Bedroom 3 10' 8" x 7' 0" (3.25m x 2.13m) Having a radiator and double glazed window to the front elevation.
Bathroom Having a panelled bath with an over head shower, low flush WC, hand wash basin with vanity unit and double glazed window to both the side and rear elevation.
Outside There is a lawned garden to the front of the property with a path leading to the side gated access which leads to the enclosed rear garden with lawn and outhouse providing storage.
Auctioneers comments Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional disclaimer Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information.
Do so, particularly if contemplating travelling some distance. All measurements are approximate and have been taken using a laser tape measure and therefore, may be subject to a small margin of error.
The mention of any appliances and/or services within these sales particulars does not imply they are in full and efficient working order.
It is believed that this property is Freehold, but we are unable to confirm this as we have no access to the documentation.
Should you proceed with the purchase of this property these details must be verified by your Solicitor. Full written quotation available on request. A suitable life policy may be required.
Loans subject to status. Minimum age 18. Our team of qualified Financial Consultants can provide you with up to the minute information on many of the rates available.
To arrange an appointment, telephone this office. Your home is at risk if you do not keep up repayments on A mortgage or other loans secured on it.
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
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FAQ
About 12, Laxton Drive, Mansfield
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