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Southwell Road East, Mansfield, NG21 0 - Image 1
Southwell Road East, Mansfield, NG21 0 - Image 2
Southwell Road East, Mansfield, NG21 0 - Image 3
Southwell Road East, Mansfield, NG21 0 - Image 4
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Southwell Road East, Mansfield, NG21 0

East Midlands

£94,950
Listed on 28/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property in Rainworth, Mansfield (NG21) presents an excellent opportunity for both first-time buyers and investors seeking a renovation project. With no onward chain, this property is ready for new owners eager to make it their own. Located on Southwell Road East, the home benefits from its proximity to local shops, schools, and public transport options, making daily commutes and errands convenient. Rainworth is a well-connected village that offers a strong sense of community while being just a short drive from Mansfield town center. The nearby A617 and A614 provide easy access for those commuting to Nottingham or Newark, further enhancing its appeal to professionals and families alike. The interior encompasses approximately 536 sq ft (49.7 sq m) across two levels. The ground floor features a spacious lounge with a large window that allows for plenty of natural light and includes a charming fireplace as a focal point. The kitchen at the rear opens out into a private courtyard garden, which holds potential for transformation into an inviting outdoor space. Upstairs, you will find two bedrooms: a generous double room and a smaller single room, along with a fully tiled shower room equipped with a walk-in enclosure. Although the property would benefit from some cosmetic updates, it has been well-maintained overall and serves as an ideal blank canvas for personalization. For first-time buyers, this could be an affordable entry point into homeownership with the opportunity to add value through renovations. Investors may find significant potential here as well; properties in this area typically achieve favorable rental returns after refurbishment. Outside, the rear yard is enclosed and combines paved and planted areas that can easily be enhanced to maximize usability. On-street parking is available at the front of the property. This home is situated in an emerging residential area filled with potential—perfect for anyone looking to either start their homeownership journey or expand their investment portfolio.

Investment Analysis

(NG21 area)
Area Average
£216/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NG21)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 3.3%
5 year growth: 24.5%
Investment Disclaimer: Analysis based on NG21 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

Southwell Road East, Mansfield, NG21 0
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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
£348
Based on a loan of £71,212 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