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2 bed house for sale Mansfield Road, Underwood, NG16

OIRO

£160,000

Added on 25/09/2026

Type: Terraced
Bedrooms: 2
Bathrooms: 1
Size: £170 per sq ft
Tenure: Freehold

Key features

No Onward Chain
Two Bedroom Mid-Terrace Property
Additional Loft Room
Kitchen / Diner
Excellent First Time Buy
Rural Location
Easy Access to J27 of the M1
Woodland Walks - Felley Woods

About this property

Situated on Mansfield Road, Underwood, this two-bedroom mid terrace property offers an excellent opportunity for first time buyers. Ideally located close to woodland walks, local schools and a range of amenities, the property combines character features with practical living space.

The accommodation briefly comprises a lounge with fireplace and understairs storage, leading through to a kitchen/diner fitted with a range of units and providing access to the rear garden. To the first floor are two bedrooms, including a main bedroom with original beams, alongside a fitted bathroom with walk-in shower. A useful loft room is accessible via the stairs from the landing.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,745
Band B

£2,036
Band C

£2,327
Band D

£2,618
Band E

£3,200
Band F

£3,782
Band G

£4,364
Band H

£5,236

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Broxtowe, 2026/27 bills run from £1,745 a year in band A to £5,236 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Broxtowe, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

42 comparables · within 3 miles

Cheaper than 67% of the 2-bed houses for sale nearby right now.

This home, £160,000 Median £190,000 · £120,500 – £250,000

Per square foot

£170 27% under

2-bed houses nearby £234

Against sold prices

32% under

NG16 sold median £249 / sq ft, 1,811 sales

Compared with 42 2-bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in NG16 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in NG16 →

Location

Mansfield Road, Underwood, NG16

Open map Street View

Mortgage and stamp duty

Property price £160,000

£80k £240k

Deposit10% £16,000

£0 £160k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
3, Mansfield Road Detached	Detached	Jun 2026	1,862 sq ft £236/sq ft	1,862 sq ft	£236	£439,000
61, Mansfield Road Detached	Detached	May 2025	786 sq ft £318/sq ft	786 sq ft	£318	£250,000
33, Mansfield Road Semi-detached	Semi-detached	Oct 2024	872 sq ft £195/sq ft	872 sq ft	£195	£170,000
77c, Mansfield Road Semi-detached	Semi-detached	Apr 2024	797 sq ft £314/sq ft	797 sq ft	£314	£250,000
49, Mansfield Road Terraced	Terraced	Dec 2023	947 sq ft £201/sq ft	947 sq ft	£201	£190,000
45, Mansfield Road Terraced	Terraced	Oct 2023	915 sq ft £164/sq ft	915 sq ft	£164	£150,000
51, Mansfield Road Detached	Detached	Dec 2022	807 sq ft £307/sq ft	807 sq ft	£307	£248,000
75b, Mansfield Road Semi-detached	Semi-detached	Jul 2022	840 sq ft £310/sq ft	840 sq ft	£310	£260,000