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Longdale Lane, Ravenshead, Nottingham, Nottinghamshire, NG15 - Image 1
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Longdale Lane, Ravenshead, Nottingham, Nottinghamshire, NG15 - Image 3
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Longdale Lane, Ravenshead, Nottingham, Nottinghamshire, NG15 - Image 5
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Longdale Lane, Ravenshead, Nottingham, Nottinghamshire, NG15 - Image 8
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Longdale Lane, Ravenshead, Nottingham, Nottinghamshire, NG15 - Image 11

Longdale Lane, Ravenshead, Nottingham, Nottinghamshire, NG15

East Midlands

£700,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3080 sqft

Description

This detached bungalow, nestled on a generous 1.4-acre plot on the outskirts of Ravenshead, presents a significant opportunity for renovation or redevelopment. The property is in need of comprehensive refurbishment to bring it up to modern standards and maximize its potential. With three spacious double bedrooms, multiple reception rooms including a lounge and dining room, as well as an office and utility space, there is ample room for reconfiguration to suit various needs. The extensive grounds include a large front garden with established shrubs and trees, alongside a rear lawn that flows into a woodland area. This outdoor space could also be considered for development opportunities, pending planning approval. The bungalow features several existing areas that require updates, such as the kitchen and bathrooms, which are primed for modernization. With the right vision and investment, this property could transform into a stunning home or investment project that capitalizes on its expansive grounds and desirable location.

Investment Analysis

(NG15 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£227/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £200,000
Target Value
£856,486
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -2.4%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on NG15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Longdale Lane, Ravenshead, Nottingham, Nottinghamshire, NG15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE