Padley Hill, Mansfield, Nottinghamshire

Outstanding Full Renovation & Modernisation Opportunity – 35 Padley Hill, Mansfield, Nottinghamshire, NG18 5PQ – For Sale by Auction

Palace Auctions London is delighted to present a rare and compelling opportunity to acquire a freehold three-bedroom house in the heart of Mansfield, NG18. Offered with vacant possession and requiring comprehensive renovation and modernisation throughout, this property is the ultimate “blank canvas” for investors, developers, and ambitious owner-occupiers seeking to unlock value in one of Nottinghamshire’s most dynamic and well-connected towns.
Property Overview
35 Padley Hill is a traditional two-storey mid-terrace house, set back from the road with a small front garden and private rear yard. The property is of brick construction beneath a pitched tiled roof, typical of early 20th-century terraced housing in the region. Internally, the house comprises an entrance hall, two reception rooms, kitchen, three bedrooms, and a family bathroom. The property is vacant and requires a full scheme of works including re-wiring, re-plumbing, new kitchen and bathroom, plastering, flooring, and redecoration. It is offered freehold, with no onward chain, and is sold as seen—providing a rare opportunity for value-add works and future capital appreciation.

Auction Details:
• Auctioneer: Palace Auctions London
• Auction Date: 12 June 2026 (live and online bidding)
• Guide Price: £75,000
• Deposit: 10% of the purchase price, payable immediately upon the fall of the hammer
• Buyer’s Premium: 2% of the final sale price (inclusive of VAT), subject to a minimum of £6000 (incl. VAT)
• Administration Fee: £1,000 + VAT
• Completion: 28 days from exchange of contracts (unless otherwise stated in the legal pack)
• Legal Pack: Available for download; buyers are strongly advised to review in full and seek independent legal advice
• Viewings: Strictly by appointment with Palace Auctions London
Internal Layout
The property’s internal configuration is believed to comprise:
• Ground Floor: Entrance hall, front reception room (potential lounge), rear reception/dining room, kitchen with access to the rear garden.
• First Floor: Landing, three bedrooms (two doubles, one single), family bathroom.

The house may retain original period features such as fireplaces, picture rails, and timber doors, though these may require restoration. The generous proportions and traditional layout offer excellent scope for reconfiguration, open-plan living, or conversion to a high-yielding HMO (subject to consents).
External Features
• Rear Garden/Yard: Private rear garden or yard, typical of terraced houses in the area, likely enclosed by fencing or brick walls and requiring clearance and landscaping as part of the renovation.
• Frontage: Small forecourt or garden area to the front, set back from the pavement.
• Parking: On-street parking is available on Padley Hill and surrounding streets. There is no dedicated off-road parking or garage included with the property.
• Outbuildings: No mention of outbuildings or sheds is made in the listing. Any existing structures in the rear yard would be included in the sale as seen.
Condition Notes
The property is in need of full renovation and modernisation throughout. It is sold as seen, with no warranties as to condition or suitability for any particular use. Buyers are strongly advised to undertake their own inspections and due diligence prior to bidding.
Planning Status
The property is not subject to any current planning applications or consents and is sold as an existing residential dwelling (Use Class C3). Any proposed alterations, extensions, or conversion to alternative uses would require the appropriate planning permissions from Mansfield District Council. Buyers are advised to make their own enquiries regarding permitted development rights and planning policy in the area.
Mansfield Location Highlights
35 Padley Hill is superbly located within the established residential area of NG18, just south of Mansfield town centre. The property benefits from excellent access to local amenities, schools, transport links, and major regeneration projects, making it an ideal base for families, professionals, or tenants.
Transport Links
Mansfield’s strategic location in central Nottinghamshire ensures outstanding connectivity:
• Road:
o A38: Principal east-west route, terminates in Mansfield, providing direct access to Derby and the M1 motorway. M1 Junction 28 (Annesley) is approximately 7.7 miles (12.4 km) away, typically a 15–20 minute drive. M1 Junction 29 (Heath) is 6.8 miles (10.9 km) northwest, about 15 minutes via the A617.
o A60: Runs north-south through Mansfield, linking to Nottingham (12 miles/19 km south, about 30 minutes by car) and Worksop.
o A617: Links eastwards to Newark-on-Trent and westwards to Chesterfield and the M1.
• Rail:
o Mansfield Railway Station (NG18 5RN): Centrally located, managed by East Midlands Railway. The Robin Hood Line provides direct trains to Nottingham (32–36 minutes, approx. 39 trains per day), Worksop (20 minutes), and connections to Sheffield (via Worksop, fastest journey 1 hour 10 minutes).
• Bus:
o Mansfield’s modern bus station (NG18 1JJ) is adjacent to the railway station, with 16 departure bays and electronic information displays. Stagecoach and Trent Barton operate frequent services to Nottingham, Derby, Chesterfield, and local destinations. Buses run from early morning until midnight on weekdays.
Local Amenities
• Shopping:
o Four Seasons Shopping Centre (NG18 1SU): The main retail destination, offering over 50 stores including Primark, Boots, WHSmith, River Island, and JD Sports. The centre comprises 285,000 sq ft of retail space and a 419-space car park.
o Supermarkets: Tesco Extra, Sainsbury’s, Asda, Aldi, Lidl, Iceland, Co-op Food, Heron Foods, and Marks & Spencer are all within 1–2 miles of 35 Padley Hill.
• Restaurants and Pubs:
o Diverse food and drink scene with Bella Italia, Ciao Bella, OPA! Greek, Chand Indian Cuisine, Waterlily Restaurant & Lounge, Olive Branch Mediterranean, and numerous pubs including The Green Dragon, The Market Inn, The Court House, The Swan, The Red Gate Inn, and The Ladybrook.

• Leisure Centres and Fitness:
o Water Meadows Leisure Complex: Features a 25m competition pool, Pirate Pool with flumes, gym, and fitness classes.
o Oak Tree Leisure Centre: Fully air-conditioned gym, sports hall, studios, sauna, steam room, and 4G pitches.
o Rebecca Adlington Leisure Centre: Two gyms, two swimming pools, aqua classes.
o Bannatyne Health Club & Spa: Premium gym, 20m heated pool, spa, sauna, and café.
Schools
Mansfield NG18 is well-served by a range of primary and secondary schools, many rated “Good” by Ofsted:
• Primary Schools:
o Mansfield Primary Academy: Ofsted “Good,” 218 pupils, ages 3–11.
o High Oakham Primary School: Ofsted “Good,” 465 pupils, ages 3–11.
o Berry Hill Primary School, Crescent Primary School, Wynndale Primary School, Heatherley Primary School, Farmilo Primary School and Nursery: All Ofsted “Good.”

• Secondary Schools:
o The Brunts Academy: Large non-selective academy, strong sixth form, Ofsted “Requires Improvement” (sixth form “Good”).
o Queen Elizabeth’s Academy: Ofsted “Good,” ages 11–18, 879 pupils.
o The Manor Academy: Ofsted “Good,” ages 11–18, 1,260 pupils.
o Samworth Church Academy: Ofsted “Requires Improvement,” ages 11–19.
o The Beech Academy: Ofsted “Good,” specialist provision.

The Brunts Academy is less than 0.6 miles from 35 Padley Hill, while Queen Elizabeth’s Academy and The Manor Academy are within 1–1.5 miles.
Healthcare
• GP Surgeries:
o Orchard Medical Practice (CQC “Outstanding”), Churchside Medical Practice, Forest Medical, Sandy Lane Surgery, Mill View Surgery, and St Peter’s Medical Practice—all within 1–2 miles.
• Hospitals:
o Mansfield Community Hospital: Stockwell Gate, NG18 5QJ – community diagnostics, outpatient clinics, and specialist services.
o King’s Mill Hospital: Mansfield Road, Sutton-in-Ashfield, NG17 4JL – major acute hospital with A&E, maternity, surgery, and specialist departments, 3.5 miles from Mansfield town centre.
Parks and Green Spaces
Mansfield is renowned for its abundance of parks and green spaces:
• Titchfield Park: Green Flag award-winning park with play areas, multi-use games area, pavilion, café, and direct access to the Maun Valley Trail.
• Carr Bank Park: 5 hectares of open grassland, mature trees, woodlands, gardens, tennis courts, bowling green, and a bandstand.
• Berry Hill Park: Large park with sports facilities, walking trails, and open spaces.
• Maun Valley Trail: Scenic walking and cycling route connecting parks and nature reserves.
• Local Nature Reserves: Nine designated reserves in Mansfield, offering woodland, heathland, wetland, and grassland habitats.
Property Market Context
Mansfield NG18 stands out as a highly attractive location for property investment, combining robust transport links, comprehensive amenities, strong educational provision, excellent healthcare, and abundant green spaces.
• Average House Prices (NG18):
o Terraced: £106,972–£131,988
o Semi-Detached: £166,144–£198,502
o Detached: £295,504–£344,527
o Flats: £93,631–£118,509
o Overall Average: £206,209–£231,612

Terraced houses like 35 Padley Hill typically trade at a discount to the district average, reflecting both affordability and strong rental demand.
• Rental Yields and Average Rents:
o 3-bed terraced/semi (renovated): £900–£1,050 pcm
o Gross yields for well-renovated terraced houses: 7% to 9%
o HMO rooms (all bills inc.): £400–£550 pcm per room

• Comparable Auction Results:
o 2-bed mid-terrace, NG18: Guide £70,000–£80,000, requiring full modernisation.
o 3-bed terraced, NG18: Guide £85,000–£110,000, “fantastic opportunity for buyers looking to modernise.”
o Semi-detached, NG18: Guide £95,000+, unmodernised, with garden and parking.

Most auctioned renovation projects in NG18 and nearby postcodes achieve sale prices between £55,000 and £110,000, depending on size, location, and condition. The guide price for 35 Padley Hill is highly competitive, reflecting its full renovation status and strong potential for value uplift.
Regeneration and Investment Initiatives
Mansfield is the focus of major public and private investment, underpinning long-term growth and demand:
• Levelling Up Fund: £20 million for “Mansfield Connect”—a new civic and community hub in the former Beales department store, creating 800+ jobs and boosting town centre footfall.
• Long-Term Plan for Towns: £20 million endowment over 10 years for high street revival, transport, safety, and economic growth.
• Levelling Up Partnership: £20 million for targeted regeneration, including £7.4m for Bellamy and Oak Tree estates, £5m for low-carbon construction skills, £3.2m for youth centre, £2m for public realm improvements, and £2m for transport upgrades.
• Town Deal: £12.3 million for six projects, including housing, skills, and business support.
• New Social Housing: £18 million scheme for 60 affordable homes and heritage-led regeneration in the town centre.
• Private Sector Investment: Ongoing new-build developments in Berry Hill and High Oakham, plus commercial and logistics expansion.

These initiatives are transforming Mansfield’s urban fabric, supporting jobs, skills, and housing supply, and making the area increasingly attractive for both residents and investors.
Auction Terms and Legal Information
• Auctioneer: Palace Auctions London
• Auction Date: 12 June 2026 (live and online)
• Guide Price: £75,000
• Deposit: 10% of the purchase price, payable immediately upon the fall of the hammer
• Buyer’s Premium: 2% of the final sale price (inclusive of VAT), subject to a minimum of £6000 (incl. VAT)
• Administration Fee: £1,000 + VAT
• Completion: 28 days from exchange of contracts (unless otherwise stated in the legal pack)
• Legal Pack: Available for download; includes title deeds, searches, special conditions, and certificates. Buyers are strongly advised to review in full and seek independent legal advice.
• Viewing Arrangements: Strictly by appointment with Palace Auctions London

Legal Disclaimer:
The property is sold as seen, with no warranties as to condition or suitability for any particular use. All measurements, boundaries, and site plans are for identification purposes only and do not form part of any contract. Buyers must satisfy themselves as to the accuracy of all information and conduct their own due diligence, particularly regarding planning status, tenure, and legal documentation.
This is a rare opportunity to acquire a freehold house in Mansfield NG18 requiring full renovation, with outstanding potential for capital uplift, strong rental yields, and long-term growth. With major regeneration underway, robust local demand, and a competitive guide price, 35 Padley Hill is the ideal project for investors and developers seeking to add value in a thriving East Midlands market. Register now to secure your place in the auction and unlock the possibilities of this blank canvas property.