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Priory Avenue, Ravenshead, Nottingham, Nottinghamshire, NG15 - Image 1
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Priory Avenue, Ravenshead, Nottingham, Nottinghamshire, NG15 - Image 3

Priory Avenue, Ravenshead, Nottingham, Nottinghamshire, NG15

East Midlands

£300,000

Listed on 02/09/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
947 sqft

Description

This three-bedroom detached house presents a fantastic opportunity for those looking to invest in a property with significant potential. Offered with no onward chain, this home is ideally situated just a short distance from local village amenities. The ground floor features an entrance hall that leads to a spacious lounge, dining room, and kitchen, providing a functional layout for family living. Upstairs, you will find three well-proportioned bedrooms and a shower room. The external space is equally appealing, boasting mature front and rear gardens along with a driveway leading to a detached garage. The property has ample potential for both internal and external enhancements, with opportunities for extension subject to obtaining the necessary planning permissions. Viewings are highly recommended to fully appreciate the scope this property has to offer.

WHOTS analysis

Our WHOTS verdict

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

30out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom detached house presents a significant renovation opportunity, albeit with some economic challenges. While the guide price of £300,000 seems appealing at £317/sqf, it's important to note that this is well above the local average of £250/sqf, making it a less attractive value proposition. The current condition shows general wear and tear throughout, with dated interiors, including older kitchen cabinetry and bathroom fixtures, which will require a full refurb to achieve the property's potential.

Despite these challenges, the property benefits from a good location near village amenities and comes with the advantage of no onward chain, simplifying the buying process. The garden space, while currently overgrown, offers room for improvement and could be transformed into a lovely outdoor area. Overall, this house is a canvas for someone looking to create their ideal home, but prospective buyers should consider the all-in costs that may stretch their budget against local benchmarks.

Key opportunities

  • Transform dated interiors into a modern living space.
  • Enhance the overgrown garden into a desirable outdoor area.
  • Potential for extension, subject to planning permissions.

Key risks

  • Asking price plus renovation costs leaves all-in expenses significantly above local value benchmarks.

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Map

Location

Priory Avenue, Ravenshead, Nottingham, Nottinghamshire, NG15
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 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

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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