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3 Teal Avenue, Mansfield, Nottinghamshire, NG18 3SW - Image 1
3 Teal Avenue, Mansfield, Nottinghamshire, NG18 3SW - Image 2
3 Teal Avenue, Mansfield, Nottinghamshire, NG18 3SW - Image 3

3 Teal Avenue, Mansfield, Nottinghamshire, NG18 3SW

East Midlands

£25,000

Listed on 13/09/2026

The listing

Property details

Bedrooms
1
Type
Flat

Description

This one-bedroom first-floor flat presents a promising opportunity for renovation and investment. Located in a purpose-built block with private access, the property is in need of modernisation, making it ideal for those looking to add value through refurbishment. The flat is currently vacant, allowing for immediate occupancy or rental potential upon completion of the necessary updates. Situated conveniently for local amenities and transport links to Mansfield town centre, this property is well-positioned to benefit from the area's growth. Offered at auction, this could be a strategic addition to your portfolio.

WHOTS analysis

Our WHOTS verdict

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

50out of 100
Grade DWeak opportunity

Confidence: LOW

This one-bedroom flat presents a modest opportunity for those looking to dive into a renovation project. The asking price of £25,000 is significantly lower than the local average, making this a potential bargain, especially given its prime location near amenities and transport links in Mansfield. However, the property is in need of substantial modernisation, with signs of wear and neglect visible throughout, including the living area, bedrooms, kitchen, and bathroom. This is a project that will require a solid investment to bring it up to modern standards.

The renovation range of £30,000 to £60,000 indicates a typical scale of work, allowing for significant improvements. The dated interiors offer a canvas for creativity, whether it's updating the kitchen units, redoing the bathroom fittings, or refreshing the overall decor. The exterior appears average, suggesting that the main focus for enhancement will be inside. With the right vision and budget, this flat could transform into a comfortable home or a rental opportunity, capitalising on its advantageous location.

Key opportunities

  • Opportunity to modernise and improve dated interiors throughout the flat.
  • Potential to enhance kitchen and bathroom fittings for increased appeal.
  • Desirable location near amenities and transport links, adding future value.

Key risks

None recorded.

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Map

Location

3 Teal Avenue, Mansfield, Nottinghamshire, NG18 3SW
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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
£94
Based on a loan of £18,750 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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