Mansfield Road, Redhill, Nottinghamshire, NG5 8JL
HO

Mansfield Road, Redhill, Nottinghamshire, NG5 8JL

By HoldenCopley

£ 400,000

Reviews

3 out of 5 stars

HoldenCopley says ..

GUIDE PRICE £400,000 - £425,000 NO UPWARD CHAIN... This substantial three-bedroom detached house, offered with no upward chain, presents a perfect opportunity for a forever family home with immense potential. Located in the sought-after area of Redhill, the property is within wa...

Property Oracle says ..

This three-bedroom detached house situated on Mansfield Road in Redhill, Gedling, presents a compelling opportunity for prospective buyers willing to undertake a renovation project. The property benefits from a desirable location, close to highly-rated schools and with relatively easy access to nearby towns. The presence of a substantial garden is a significant asset, adding to its family appeal and outdoor living space.

However, the property requires modernisation. The interior décor throughout shows considerable wear and tear and needs significant updating. The kitchen and bathrooms are particularly outdated and would necessitate a complete refurbishment. Therefore, prospective buyers should budget for extensive renovation work. The listing price is relatively aligned with the market in the Redhill area for similar properties, taking into account both the positive aspects (location and land) and the negative (required renovation). The property’s potential, coupled with its location, could make this a strong purchase for a buyer with the financial means and inclination for renovation. Overall, the property requires a keen buyer with vision and practical building skills or sufficient budget for significant refurbishment. The property would likely appeal to families due to its size and location, but the condition would require a substantial investment to make it a move-in ready home.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,158.95

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
192,181.00 £
Decreased by 18.82 %
from 236,735.00 £
Est sale value
336,095.50 £
Increased by 22.88 %
from 273,512.20 £
Average area rental value
853.00 £/mo
Increased by 2.65 %
from 831.00 £/mo
Est letting value
1,158.95 £/mo
from 0.00 £/mo
Est rental Yield
5.33 %
Increased by 26.60 %
from 4.21 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • HoldenCopley marked this listing as sold.

  • HoldenCopley created the listing.

Nearby Schools

NameTypeOfstedDistance
Arnold Mill Primary And Nursery SchoolCommunity SchoolGood0.59 KM
Redhill AcademyAcademy ConverterOutstanding0.64 KM
Killisick Children'S CentreChildren's Centre0.93 KM
Arnold Children'S CentreChildren's Centre0.93 KM
Arnbrook Children'S CentreChildren's Centre0.93 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Mill Crescent £ 000.00 KM
Adams Drive £ 000.00 KM
Charlotte Close £ 000.00 KM
Chapel Lane £ 160,00000.00 KM
High Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bulwell1865BLW6.74 KM
Nottingham1826NOT7.10 KM
Hucknall1862HKN7.30 KM
Carlton6201CTO8.10 KM
Netherfield6241NET8.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mansfield Road, Redhill, Nottingham £ 400,000BUY7 / 100.01 KM
Mansfield Road, Nottingham, NG5 £ 400,000BUY6 / 100.04 KM
Salcombe Drive, Redhill, Nottingham £ 325,000BUY7 / 100.10 KM
Salcombe Drive, Redhill, Nottingham £ 365,000BUY7 / 100.14 KM
Thornton Avenue, Redhill, Nottinghamshire, NG5 8PA £ 425,000BUY8 / 100.17 KM

Nearby Properties

AddressPriceDistance
295 Mansfield Road £ 370,0000.03 KM
293 Mansfield Road £ 407,0000.09 KM
291 Mansfield Road £ 400,0000.09 KM
287 Mansfield Road £ 355,0000.09 KM
14 Thornton Avenue £ 165,0000.13 KM