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Main Road, Ravenshead, Nottingham, Nottinghamshire, NG15

East Midlands

£275,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
848 sqft

Description

This two-bedroom semi-detached house is positioned on an expansive plot, presenting a significant opportunity for renovation and extension. With the potential to transform it into a four-bedroom property (subject to the necessary planning permissions), this home is ideal for those looking to invest in their future. The interior currently features a traditional layout with an entrance hall leading to a lounge, dining room, and kitchen on the ground floor, while the first floor accommodates two generously sized bedrooms and a shower room. There are double-glazed windows throughout and original fireplace features that could be restored to enhance character. Outside, the property boasts ample garden space at both the front and rear, including a paved patio area and well-established greenery—perfect for outdoor entertaining or further landscaping projects. The driveway provides parking for multiple vehicles and leads to both a carport and detached garage, adding to the property's functionality. Positioned within reach of local amenities and surrounded by pleasant countryside views, this home offers not only living space but also great investment potential as you explore its refurbishment possibilities.

Investment Analysis

(NG15 area)

Above Market Value

This property is priced +26.8% above area average per sq ft

+26.8%
This Property
£324/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£238,657
10% above area average per sq ft
Potential ROI
-24.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NG15)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -4.4%
5 year growth: +10.8%
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

Main Road, Ravenshead, Nottingham, Nottinghamshire, NG15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£981
Based on a loan of £206,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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