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 bungalow · NG18 4RE
Listing removedReduced £13k (−3.3%) on 6 MarListed 440 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £400,000-£415,000*** Located in a highly sought after area near Mansfield Town Centre , this charming two-bedroom detached bungalow offers an abundance of living space along with fantastic potential to make it truly your own.
With a generous layout, both inside and out, this property combines convenience, comfort, and opportunity, making it an excellent choice for those looking to settle in a well-connected and desirable location.
Upon entering, you are welcomed into a bright entrance room that opens through double doors into the main hall, providing access to all areas of the home.
The kitchen and dining room are separate yet connected via a practical service hatch, creating convenience while maintaining distinct spaces.
The lounge is a comfortable place to relax, with double doors opening into the conservatory — a light-filled spot perfect for enjoying views of the garden.
A dedicated utility room provides additional storage and space for appliances, further enhancing the home’s functionality.
Both double bedrooms, located at the front and rear of the property, benefit from fitted wardrobe space. These are complemented by a generous bathroom and a separate WC.
Outside, a substantial driveway offers an abundance of off-road parking and flows around the property to the double garage.
The rear garden is a beautiful, private space featuring a well-kept lawn, mature trees, and established shrubbery — an ideal setting for relaxing or entertaining.
Overall, this is a well-presented home in a prime location, ready to welcome its next owner.
EPC Rating: E Entrance Hall A welcoming entrance to the home, featuring double doors that open up to create an airy feel.
The hallway stretches through the property, providing seamless access to the main living areas and enhancing the flow of the home.
Kitchen 2.87m x 4.79m This space features a range of wall and base units, tiled walls from floor to ceiling, a one and a half sink, integrated hob, oven, and grill, plus space for additional appliances.
A UPVC double glazed window brings in natural light, and a serving hatch connects the space to the dining area.
Finally the room features a door and UPVC double glazed window that looks into the conservatory combining both spaces.
Lounge 3.36m x 5.42m A bright and spacious lounge featuring an electric fire with mantelpiece, coved ceiling, power points, and UPVC double glazed windows to both the front and rear aspects, allowing natural light to flow through.
Double doors lead into the conservatory.
Dining Room 2.87m x 3.86m This versatile space includes a UPVC double glazed window, coved ceiling, power points, and can comfortably seat up to six people.
The serving hatch also links conveniently to the kitchen. Conservatory An additional living space that connects seamlessly to the lounge and opens out to the rear garden.
It includes lighting and is ideal for relaxing or entertaining.
Utility Room 1.96m x 2.75m A Practical space, the utility room offers wall and base units with half-tiled walls, a sink, power points, and a UPVC double glazed window.
There is also space for essential appliances ad the boiler is also located here.
Bedroom No 1 2.85m x 5.33m A generous sized double bedroom featuring built-in wardrobes, a fitted dressing table, coved ceiling, power points, and a UPVC double glazed window overlooking the rear of the property.
Bedroom No 2 2.77m x 3.85m A well-proportioned double bedroom with a fitted wardrobe, built-in dressing table, coved ceiling, UPVC double glazed window, and power points.
Bathroom This generously sized bathroom includes a mains-fed shower, a disabled access seated bath, a vanity sink with mixer tap, a bidet, low flush WC, and a UPVC double glazed window.
Additional storage cupboard also house the water tank. WC Featuring half-tiled walls, a pedestal sink, low flush WC, PowerPoint, and a UPVC double glazed window for natural light.
Outside The front of the property is bordered by a charming wall with plants and shrubbery, adding character and providing separation from the roadside.
A spacious driveway offers ample off-road parking, including a dedicated parking bay to the side.
Gated access leads to the rear garden, while a second gate to the right allows the driveway to extend through to the rear and garage.
The rear garden features a generous lawn surrounded by mature trees and shrubbery, creating a private and peaceful outdoor space.
The continuation of the driveway provides additional room for a patio area—perfect for relaxing or entertaining.
Garage The garage is fitted with UPVC double glazed windows and can be accessed via a convenient side door.
Two up-and-over doors provide versatile entry points, offering additional parking options and enhancing the practicality of the property. Additionally the garage benefits from an inspection pit.
Additional Information Tenure: Freehold Council Tax Band:E Mobile/Broadband Coverage Checker visit: then click mobile & broadband checker.
The property heating source is warm air central heating.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Lichfield Lane, Mansfield, NG18
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