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Greenacres, Ravenshead, NG15

East Midlands

£1,000,000
Listed on 23/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3910 sqft

Description

Situated at the edge of the charming village of Ravenshead, this unique detached family residence, Greenacres, spans an impressive five-acre plot. This property is a prime candidate for renovation and investment, offering an opportunity to enhance its distinctive architectural features while maintaining ample privacy and spacious grounds amidst a picturesque village backdrop. Ravenshead is known for its desirable community feel and provides an array of local amenities, including shops, cafes, and quality schools, making it particularly attractive to families and commuters. The accessibility via major roads like the A60 and nearby M1 further boosts its appeal. Accessed via a private drive, Greenacres presents itself with character and potential. The extensive grounds include established gardens, paddocks, and various outbuildings such as two double garages and a barn that once had planning permission for conversion into a two-bedroom dwelling—an enticing prospect for future development should consent be reinstated. Inside, the property offers generous living spaces with a large open-plan kitchen, dining area, and living room tailored for contemporary family life. A separate snug lounge serves as an intimate retreat while an orangery enhances the home's versatility for entertaining or relaxation throughout the year. The flexible layout comprises ground floor bedrooms that can easily adapt to changing family needs or be repurposed as home offices or playrooms. Upstairs features three expansive double bedrooms bathed in natural light along with a modern family bathroom. Overall, Greenacres stands as a striking example of individuality in home design—perfectly blending space and lifestyle opportunities just moments from one of Nottinghamshire’s most coveted villages.

Investment Analysis

(NG15 area)

Above Market Value

This property is priced +0.5% above area average per sq ft

+0.5%
This Property
£256/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,094,605
10% above area average per sq ft
Potential ROI
+1.4%
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
57%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.6%
5 year growth: 14.8%
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

Greenacres, Ravenshead, NG15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,607
Based on a loan of £750,000 over 30 years at 4.06% 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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