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East Midlands
£195,000
Listed on 05/09/2026
Listed on 05/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom detached house in Mansfield presents a notable opportunity for those looking to create a personal touch in their home. While the property shows signs of aging and requires modernisation, it offers a generous garden and off-road parking, making it appealing for buyers seeking a project with potential. The dated interiors, particularly the kitchen and living spaces, provide a blank canvas for renovation and improvement, allowing the new owner to enhance the property to their taste.
With an asking price of £195,000, this property is priced below the local average of £224,338, offering a reasonably cheap entry point for buyers. Although the absence of usable floor area limits a full valuation, the potential for value addition remains strong with renovation costs estimated between £50,000 and £100,000. This property could be an excellent investment for those willing to take on a light refurbishment project, especially considering its good location with access to local amenities and transport links.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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