Summary - 31 Chaucer Street NG18 5PE
5 bed 2 bath Terraced
Multi-storey property with rental potential and convenient town-centre location.
Five bedrooms across three floors, flexible living or rental use
This mid-terraced Victorian house spreads across three storeys and offers five bedrooms and two bathrooms across about 1,012 sq ft — a rare size for this price bracket in Mansfield. The layout suits growing families, multi-occupancy rental or first-time buyers seeking long-term value. Practical positives include mains gas central heating, double glazing, fast broadband and excellent mobile signal.
The interior presents a blank-canvas opportunity: modern kitchen and sanitary fittings are in place but much of the property is cosmetically simple and would benefit from updating, decoration and thermal upgrades (solid brick walls with assumed no cavity insulation). The small, low‑maintenance rear garden and paved forecourt suit buyers wanting minimal outdoor work.
Location is convenient for shops, frequent buses and several Good-rated schools; council tax is very cheap and the tenure is freehold. Note important area considerations: local deprivation levels are high and recorded crime is very high — these factors will affect both lifestyle and rental demand. Buyers should also allow budget for insulation, localised refurbishments and any safety upgrades.
At £175,000 this house offers strong potential for those willing to invest time and money into improvements. For first-time buyers it’s a spacious starter home with good connectivity; for investors it’s a low‑maintenance asset with straightforward rental appeal, subject to careful tenant selection and area considerations.
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