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Ravensdale Road, Mansfield

East Midlands

£70,000

Listed on 01/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom end-terrace property presents a unique opportunity for cash buyers seeking a renovation project. Positioned as a blank canvas, it offers ample scope for transformation, allowing the new owner to create a tailored living space that reflects their personal style. The ground floor welcomes you through a side porch into a spacious living room, which provides a comfortable area for relaxation and socialising. The kitchen is functional, with enough space for essential appliances, serving as a practical starting point for modernisation. A downstairs three-piece tiled shower room rounds out the ground floor layout. Upstairs, you'll find two well-proportioned bedrooms that offer versatility and potential for customisation. The outdoor space includes a front lawn with a pathway leading to the entrance, while the rear features a generous lawned garden, perfect for landscaping or creating inviting seating areas. Located in Mansfield, this property benefits from a vibrant community atmosphere and convenient access to local amenities, including shops, cafés, and parks. With good transport links to Nottingham and Chesterfield, this home is ideally situated for both relaxation and commuting.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

59out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom end-terrace in Mansfield is an intriguing prospect for cash buyers seeking a substantial renovation project. Priced at £70,000, the asking amount is notably below the local average, presenting a potential opportunity for those willing to invest in a complete transformation. The property is a blank canvas, with visible signs of wear throughout, including a dated living room, kitchen, and bathroom, all of which offer significant scope for improvement. The garden also requires maintenance but provides a generous outdoor area for redesign.

With a renovation budget estimated between £100,000 and £150,000, prospective buyers can envision a modern, bespoke living space tailored to their tastes. The layout allows for versatile room configurations, and the property’s location benefits from community amenities and good transport links. However, it's essential to consider the extensive refurbishment required across multiple areas, as this will demand a full-gut approach rather than a simple refresh. This listing presents an exciting opportunity for investors and those with vision to breathe new life into a property with great potential.

Key opportunities

  • The property offers a spacious living room and two well-proportioned bedrooms, allowing for a flexible layout and customization.
  • The kitchen presents a practical starting point for modernisation, ideal for creating a contemporary cooking space.
  • A generous garden area provides potential for landscaping and outdoor entertaining.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Ravensdale Road, Mansfield
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,500 over 30 years at 4.45% 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.

Tax

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