# 2 bedroom terraced house for sale (NG18 5LR) ## Property Details | Key | Value | |-----|-------| | Address | 17 SPENCER STREET, MANSFIELD, MANSFIELD, NOTTINGHAMSHIRE NG18 5LR | | Price | £80,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £69,500 Mar 2008 | ## Description A TWO BEDROOM TERRACED HOUSE BEING SOLD WITH THE TENANT TO REMAIN IN SITU. THE SELLER OF THE PROPERTY WILL NOT SERVE NOTICE ON THE TENANT TO VACATE GAS CENTRAL HEATING DOUBLE GLAZING REAR YARD AND LAWN CLOSE PROXIMITY TO MANSFIELD TOWN CENTRE AND FACILITIES GOOD CONNECTIONS TO A38 AND M1 CURRENT RENT IS £525 PER CALENDAR MONTH GIVING A GROSS YIELD OF 7.4% PER ANNUM NB: THERE IS ONLY ONE PHOTO TO PROTECT THE TENANT’S PRIVACY **Viewing** - and further information through our Mansfield office on . Alternatively, email **Directions** - from Mansfield town centre proceed along the A38 and turn right onto Spencer Street where the property can be found on the left-hand side. **Accommodation Comprises** - Accessed via a UPVC door to: **Hall** - Fitted carpet, stairs off to first floor, radiator and through to: **Lounge** - 7.92m x 3.49m narrowing to 2.50m (25'11" x 11'5" n - Having a fitted carpet, 2 radiators, UPVC double glazed window to the front aspect and another to the rear aspect, under stair storage cupboard and through to: **Kitchen** - 3.45m x 1.85m (11'3" x 6'0") - White wall and base units with roll edge worktops, built-in electric oven and gas hob with stainless steel extractor hood over, stainless steel sink with drainer and mixer tap, radiator, tiled splashbacks, plumbing for washing machine, dual aspect UPVC double glazed windows to side and rear aspects, wall mounted combi boiler and part opaque glazed UPVC double glazed door to rear. **First Floor** - **Bedroom One** - 3.53m (max) x 3.31m (max) (11'6" (max) x 10'10" (m - Fitted carpet, radiator, UPVC double glazed window to front elevation. **Bedroom Two** - 3.65m x 2.58m (11'11" x 8'5") - Radiator, fitted carpet, UPVC double glazed window to rear aspect. **Bathroom** - 2.40m x 1.87m (7'10" x 6'1" ) - White 3-piece suite comprising bath with shower over, W/C, sink and pedestal, radiator, part tiled walls, vinyl floor, opaque UPVC double glazed window to rear elevation, extractor fan. **Outside** - To the front there is on-street parking and to the rear is a concrete seating area with a small lawn and gravelled area beyond. NB, number 19 Spencer Street has access across the rear of this property. Council tax band – A (Mansfield District Council) CURRENT RENT IS £525 PER CALENDAR MONTH GIVING A GROSS YIELD OF 7.4% PER ANNUM **Financial Advice** - we offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. **Money Laundering** - under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property. **As With All Our Properties** - we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment. MA5744/19.12.2024 ## Property Photos - ![Photo](/listings/photos/156097553/302512) ## EPC Graphs - ![EE Rating](/listings/photos/156097553/302513) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 17 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £69,500 | 18/03/2008 | 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 | |---------|-------|------|------| | 2 HOLDEN STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LH | £130,000 | 19/12/2025 | Terraced | | 14 TENNYSON STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5PN | £190,000 | 23/10/2025 | Terraced | | 21 LAYTON AVENUE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5PJ | £242,000 | 01/09/2025 | Terraced | | 35 PADLEY HILL, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LJ | £72,000 | 17/01/2025 | Terraced | | 27 BANCROFT LANE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LG | £90,000 | 21/07/2023 | Terraced | | 40 MOOR STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5SJ | £66,000 | 14/07/2023 | Terraced | | 10 HARRINGTON STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LS | £105,000 | 08/06/2023 | Terraced | | 1 GOLDSMITH STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5PF | £87,500 | 07/06/2023 | Terraced | | 124 MOOR STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5SQ | £87,500 | 31/03/2023 | Terraced | | 102 MOOR STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5SQ | £95,000 | 22/03/2023 | Terraced | | 19 MOOR STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5SH | £83,000 | 22/03/2023 | Terraced | | 3 GOLDSMITH STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5PF | £88,000 | 23/02/2023 | Terraced | | 154 VICTORIA STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5RY | £92,000 | 14/02/2023 | Terraced | | [Same street] 22 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £105,000 | 26/01/2023 | Terraced | | 124C MOOR STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5SQ | £75,000 | 22/12/2022 | Terraced | | 14 BANCROFT LANE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LQ | £101,000 | 13/12/2022 | Terraced | | 65 BANCROFT LANE, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LG | £101,500 | 09/12/2022 | Terraced | | 45 HARRINGTON STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LS | £85,000 | 06/12/2022 | Terraced | | 14 HERBERT STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5QF | £103,000 | 01/12/2022 | Terraced | | 21 PADLEY HILL, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LJ | £75,000 | 21/11/2022 | Terraced | | 24 CHAUCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5PE | £116,250 | 14/11/2022 | Terraced | | [Same street] 14 SPENCER STREET, MANSFIELD, NOTTINGHAMSHIRE, NG18 5LR | £115,000 | 30/09/2022 | Terraced | | [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:** £104,238 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £125,029 (34 Terraced, NG18, 2024–2026) - **Deviation:** -36% ## 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):** £549/mo ## 1% Rule - **Rent ratio:** 0.97% (okay) - **Max investor price (0.8%):** £96,500 - **Target investor price (1%):** £77,200 *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 Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 40.3% - **10y growth:** 24.5% ## House Price Index (HM Land Registry) *Official index for Mansfield; Terraced series; as of March 2026.* - **1y growth (index):** -1.2% - **5y growth (index):** 21.1% - **10y growth (index):** 62.7% ## 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)