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East Midlands
£25,000
Listed on 13/09/2026
Listed on 13/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
None recorded.
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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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