# 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 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 73 m² |
| Last sold | £58,000 Feb 2016 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 04/10/2033
- **Current heating cost:** £1,038/year
- **Est. upgrade cost to C:** £24,700

### Recommendations
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- O3 (£1,000 - £1,400)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9370-2475-1300-2407-1111)

## 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).*

## Price per Square Metre

- **£/m²:** £890/m²

## Capital growth trend

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

- **5y growth:** 433.6%
- **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)