About This Property

Discover what makes this home special

The Askern is a charming two-bedroom terraced property located in the NG16 3ER area, offering a comfortable and practical living space ideal for first-time buyers or small families. With a well-laid-out ground floor featuring a spacious lounge and a modern kitchen/dining area, this home provides a welcoming atmosphere and functional flow. The inclusion of a convenient WC on the ground floor adds to the practicality of the layout. Upstairs, the two bedrooms and a family bathroom provide ample accommodation, making this property a versatile option in a growing community.

Situated close to Mansfield, the property benefits from a range of local amenities, including schools, parks, and shopping facilities, while also offering good transport links to nearby cities such as Sheffield and Nottingham. The rear garden faces south-east, allowing for pleasant morning and early afternoon sunlight, enhancing the outdoor space for relaxation and family activities. With ongoing local development projects, this property presents a promising investment opportunity in a well-connected and evolving area.

Property Features

This terraced home boasts two well-proportioned bedrooms and a family bathroom upstairs, complemented by a generous lounge and a modern kitchen/dining space on the ground floor. Practical features include a convenient ground floor WC and a handy store cupboard, enhancing the usability of the living areas. The south-east facing rear garden benefits from good morning and early afternoon sunlight, perfect for outdoor enjoyment. The layout is designed to maximize space and light, making it an ideal home for small families or professionals.

Two BedroomsOne BathroomSouth-East Facing GardenGround Floor WCStore CupboardModern Kitchen/Dining Area+2

Local Amenities

Located within easy reach of Mansfield town centre, residents have access to a broad range of amenities including shopping, dining, and cultural attractions. The area is served by reputable schools such as Portland Comprehensive and Oak Tree Primary, making it suitable for families. Outdoor enthusiasts will appreciate nearby Crown Farm Park, which offers green space for recreation. The proximity to Shireoaks Railway Station provides convenient rail connections to Sheffield and Nottingham, supporting commuting and leisure travel. Local supermarkets and eateries add to the convenience and lifestyle appeal of the location.

Shireoaks Railway StationMansfield Town CentrePortland Comprehensive SchoolOak Tree Primary SchoolMansfield MuseumCrown Farm Park+3
Shireoaks Railway Station Train Station (1.5 miles, 5 mins drive) • 25 mins by car to Sheffield

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£205,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£205,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
60/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited international transport links
Growing local market

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£205,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.2%
Based on £1,059/mo rent
Area Price Growth
+6.5%
Average annual increase
5-Year Value Forecast
£281,132
+£76,132 projected gain
5-Year Rent Forecast
£1,339/mo
Based on 4.8% annual growth
Price per Sq Ft£41,000
Annual Rent Income£12,708
10-Year ROI248%
Break-Even Point13 yrs

Property Value Projection

Based on 6.5% annual growth
£281,132
5yr
£385,536
10yr
£528,715
15yr
£725,065
20yr
£994,335
25yr
Current: £205,000

Monthly Rental Income

Based on 4.8% annual growth
£1,339
5yr
£1,692
10yr
£2,140
15yr
£2,705
20yr
£3,419
25yr
Current: £1,059/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Sheffield
30 mins
25 mins
Nottingham
40 mins
30 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Good
Afternoon Moderate
Evening Low
Kitchen/Dining
Morning Excellent
Afternoon Good
Evening Moderate

Location Scores

55
Walk Score
Somewhat Walkable
50
Transit Score
Good Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Mansfield Town Centre Regeneration
2 milesEst. 2025
TransportModerate Impact
Local Infrastructure Improvements
Within 1 mileEst. 2024
* Information based on local planning applications and may be subject to change

Loading location insights...

£205,000
AvailableNB0000030234
View Location Analytics

The Askern

Eastwood, Nottingham NG16 3ER
Lawrence Point
2
Bedrooms
1
Bathrooms
5
Est. Sq ft
terraced
Type

Developer

Avant Homes
Available Plot Numbers
092
1 plot(s) available
Ownershipfreehold

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£205,000The Askern

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The Askern
The AskernEastwood£205,000

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