Sold STC House

43 SPENCER STREET

MANSFIELD, NOTTINGHAMSHIRE NG18 5LR

3 beds 1 baths 73 m² Listed 28 Aug 2015 (-3935d)

£65,000

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# 3 bedroom house for sale (NG18 5LR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 43 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE NG18 5LR |
| Price | £65,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £58,000 Feb 2016 |

## Description

**SELL YOUR HOUSE FROM AS LITTLE AS £299 UPFRONT OR 0.75% UPON LEGAL COMPLETION!!! TERMS AND CONDITIONS APPLY**

Three bedroomed mid terrace property in need of some modernisation. The accommodation briefly comprises dining room with some storage, lounge with feature fire surround and wood flooring, modern fitted kitchen with beech units and downstairs bathroom. NO CHAIN. IDEAL INVESTMENT OPPORTUNITY,

**Lounge** - 12'0 x 11'0 (39'4"'0'0" x 36'1"'0'0") - Having UPVC window and door to front elevation, radiator, built in metre cupboard and coving.

**Dining Room** - 11'11 x 10'4 (36'1"'36'1" x 32'9"'13'1") - With UPVC double glazed windows to rear elevation, radiator, wood flooring, coving and Adams style fire place with feature fire surround and coal effect gas fire with back boiler serving central heating and domestic water supply.

**Kitchen** - 2.72m x 2.13m (8'11 x 7'0) - Having a range of wall and base units, complementary rolled edge worktop, tiled flooring, Servis gas hob and Servis electric oven, inset sink with drainer, radiator and UPVC double glazed window and door to side elevation. Integrated fridge with small freezer compartment and freestanding washing machine.

**Downstairs Bathroom** - 2.06m x 1.80m (6'9 x 5'11) - Having a blue three piece suite comprising of panelled bath with shower over, pedestal wash hand basin and low level W.C. Small UPVC double glazed frosted window to the rear elevation, radiator and vinyl flooring.

**First Floor** -

**Bedroom One** - 3.63m x 3.51m (11'11 x 11'6) - Having UPVC double glazed windows to the front elevation, radiator, coving and further storage.

**Bedroom Two** - 3.66m x 2.29m (12'0 x 7'6) - With UPVC double glazed window to the rear aspect and radiator. Two storage areas housing shelving and the hot water tank.

**Bedroom Three** - 2.90m x 1.96m (9'6 x 6'5) - Having UPVC double glazed window to rear elevation and radiator.

**Outside** - To the rerar is an enclosed yard having gated access.

**Tenure** - We are advised by the Seller that the property is Freehold. Interested Parties should seek clarification of this from their solicitor.

**Viewing** - Please contact Cosy Sales on 01623 420866 for an appointment to view

## Property Photos

- ![1.jpg](/listings/photos/36118035/302426) - 1.jpg
- ![DOWNSTAIRS BATHROOM](/listings/photos/36118035/302430) - DOWNSTAIRS BATHROOM
- ![KITCHEN](/listings/photos/36118035/302434) - KITCHEN
- ![LOUNGE](/listings/photos/36118035/302436) - LOUNGE
- ![5.jpg](/listings/photos/36118035/302442) - 5.jpg

## Floorplans

- ![43 Spencer Street FP](/listings/photos/36118035/302445) - 43 Spencer Street FP

## EPC Graphs

- ![EE Rating](/listings/photos/36118035/302450) - EE Rating
- ![EI Rating](/listings/photos/36118035/302455) - EI Rating

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #4828179
- **Address:** 43 Spencer Street, MANSFIELD, NG18 5LR
- **Certificate Issued:** 02/07/2007
- **Work Completed:** 11/06/2007
- **Items:** 2 window(s), 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 43 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £58,000 | 03/02/2016 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 22 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £105,000 | 26/01/2023 | Terraced |
| [Same street] 14 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £115,000 | 30/09/2022 | Terraced |
| 36A BANCROFT LANE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LQ | £130,000 | 20/06/2022 | Other |
| 12 LAYTON AVENUE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5PL | £200,000 | 22/03/2022 | Other |
| [Same street] 34 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £97,000 | 17/03/2022 | Semi-detached |
| [Same street] 48 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £135,000 | 20/08/2021 | Semi-detached |
| [Same street] 33 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £96,000 | 05/07/2021 | Semi-detached |

**Street average:** £109,600 (5 sales)
**Area average:** £165,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £331,905 (11 Other, NG18, 2024–2026)
- **Deviation:** -80.4%

## Rental Range

*ONS Price Index of Private Rents (Mansfield). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £695/mo
- **Realistic:** £772/mo
- **Optimistic:** £849/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for North Nottingham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £583/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Layton Avenue, NG18 | £750/mo | 3 | 0.18 miles | OpenRent |

**Average rent: £750/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.15% (strong)
- **Max investor price (0.8%):** £93,750
- **Target investor price (1%):** £75,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £750/mo).*

- **Gross yield:** 13.8%
- **Cost-to-rent:** 7.2×
- **Monthly cashflow:** £394/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 25.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 101.6%
- **10y growth:** 16.3%

## House Price Index (HM Land Registry)

*Official index for Mansfield; All dwelling types series; as of March 2026.*

- **1y growth (index):** -1.4%
- **5y growth (index):** 19.9%
- **10y growth (index):** 59.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

1.jpg DOWNSTAIRS BATHROOM KITCHEN LOUNGE 5.jpg

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Property details

Floor area

73 m²

Last sold

£58,000 Feb 2016

Local average

£331,905 (-80.4%)

Deprivation

Decile 1 (1,958 of 33,755)

Street crime

528 incidents within 1 mile (Mar 2026)

Key features

SOME MODERNISATION REQUIRED
FULLY FITTED KITCHEN
DOWNSTAIRS FAMILY BATHROOM WITH BLUE SUITE
TWO DOUBLE AND ONE SINGLE BEDROOM
REAR GARDEN
IDEAL INVESTOR PROPERTY
CLOSE TO MANSFIELD TOWN CENTRE

Additional details

Garden: Yes

Description

SELL YOUR HOUSE FROM AS LITTLE AS £299 UPFRONT OR 0.75% UPON LEGAL COMPLETION!!! TERMS AND CONDITIONS APPLY
Three bedroomed mid terrace property in need of some modernisation. The accommodation briefly comprises dining room with some storage, lounge with feature fire surround and wood flooring, modern fitted kitchen with beech units and downstairs bathroom. NO CHAIN. IDEAL INVESTMENT OPPORTUNITY,

Lounge - 12'0 x 11'0 (39'4"'0'0" x 36'1"'0'0") - Having UPVC window and door to front elevation, radiator, built in metre cupboard and coving.

Dining Room - 11'11 x 10'4 (36'1"'36'1" x 32'9"'13'1") - With UPVC double glazed windows to rear elevation, radiator, wood flooring, coving and Adams style fire place with feature fire surround and coal effect gas fire with back boiler serving central heating and domestic water supply.

Kitchen - 2.72m x 2.13m (8'11 x 7'0) - Having a range of wall and base units, complementary rolled edge worktop, tiled flooring, Servis gas hob and Servis electric oven, inset sink with drainer, radiator and UPVC double glazed window and door to side elevation. Integrated fridge with small freezer compartment and freestanding washing machine.

Downstairs Bathroom - 2.06m x 1.80m (6'9 x 5'11) - Having a blue three piece suite comprising of panelled bath with shower over, pedestal wash hand basin and low level W.C. Small UPVC double glazed frosted window to the rear elevation, radiator and vinyl flooring.

First Floor -

Bedroom One - 3.63m x 3.51m (11'11 x 11'6) - Having UPVC double glazed windows to the front elevation, radiator, coving and further storage.

Bedroom Two - 3.66m x 2.29m (12'0 x 7'6) - With UPVC double glazed window to the rear aspect and radiator. Two storage areas housing shelving and the hot water tank.

Bedroom Three - 2.90m x 1.96m (9'6 x 6'5) - Having UPVC double glazed window to rear elevation and radiator.

Outside - To the rerar is an enclosed yard having gated access.

Tenure - We are advised by the Seller that the property is Freehold. Interested Parties should seek clarification of this from their solicitor.

Viewing - Please contact Cosy Sales on 01623 420866 for an appointment to view

Listed by

Mansfield

Cosy-Let

Reference: 36118035

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

43 Spencer Street FP

EPC Graphs

EE Rating

EI Rating

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #4828179

Property Details

Street: 43 Spencer Street

Town: MANSFIELD

Postcode: NG18 5LR

Installation Details

Items: 2 windows and 1 door

Certificate Issued: 02/07/2007

Work Completed: 11/06/2007

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	03/02/2016 (10 years ago)	£58,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 22 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR	£105,000	26/01/2023	Terraced
Same street 14 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR	£115,000	30/09/2022	Terraced
36A BANCROFT LANE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LQ	£130,000	20/06/2022	Other
12 LAYTON AVENUE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5PL	£200,000	22/03/2022	Other
Same street 34 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR	£97,000	17/03/2022	Semi-detached
Same street 48 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR	£135,000	20/08/2021	Semi-detached
Same street 33 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR	£96,000	05/07/2021	Semi-detached

Street average: £109,600 (5 sales)

Area average: £165,000 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 101.6%

10y growth 16.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Mansfield. Series: All dwelling types. As of March 2026.

1y (index) -1.4%

5y (index) 19.9%

10y (index) 59.9%

Rental Range

Estimated market rent for Mansfield. Low = conservative, Realistic = average, Optimistic = best case.

Low £695/mo

Realistic £772/mo

Optimistic £849/mo

Based on Local Authority from postcode lookup → Mansfield.

LHA (30th percentile) floor for North Nottingham: £583/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View NG18 5LR

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Cape Street	0.1 miles
Shop	NOT Motors	0.1 miles
Bus stop	Community Hospital	0.1 miles
Shop	Unknown	0.1 miles
Hospital	Mansfield Community Hospital	0.1 miles
Train station	Mansfield	0.4 miles
Hospital	Kings Mill Hospital	1.2 miles
Train station	Mansfield Woodhouse	1.4 miles
University	Nottingham Trent University Vision University Centre	1.7 miles
University	Clinical Sciences	10.6 miles

Street-level crime

Category	Count
Violence and sexual offences	172
Anti-social behaviour	86
Shoplifting	85
Public order	40
Criminal damage and arson	37
Other theft	24
Vehicle crime	20
Drugs	18
Burglary	14
Other crime	14
Possession of weapons	8
Robbery	7
Bicycle theft	2
Theft from the person	1
Total incidents	528

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Sutton Road Primary School	Primary	0.2 miles	Good — 14 Jun 2012
St Philip Neri With St Bede Catholic Voluntary Academy	Primary	0.5 miles	Good — 31 Oct 2012
Wainwright Primary Academy	Primary	0.6 miles	Good — 19 Sep 2023
Intake Farm Primary School	Primary	0.6 miles	Good — 16 Feb 2018
R.E.A.L. Independent Schools Mansfield	Other	0.7 miles	Good — 2 May 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Semi-Detached House, Layton Avenue, NG18	£750/mo	3	0.18 miles	OpenRent

Average rent: £750/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.15%

Max investor price (0.8%) £93,750

Target investor price (1%) £75,000

Gross yield 13.8%

Cost-to-rent ratio 7.2×

Monthly cashflow £394/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 25.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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