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Vera Crescent, Rainworth, Mansfield

East Midlands

£100,000

Listed on 17/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace home presents an exciting opportunity for buyers looking to make their mark. While the property requires a full renovation, it offers a practical layout and well-proportioned accommodation that is currently usable as improvements are made. The ground floor features a straightforward design with the kitchen at the front and a comfortable living room at the rear, complete with patio doors that open onto the garden, enhancing the connection between indoor and outdoor spaces. Upstairs, you'll find a generous double bedroom, a single bedroom, and a family bathroom. The property’s potential is evident, allowing new owners to create a home tailored to their tastes. Outside, the rear garden combines patio seating with an artificial lawn area, providing a solid foundation for landscaping and personal touches. Situated in Rainworth, this home benefits from a friendly community atmosphere, local amenities, and easy access to the surrounding countryside. With no onward chain, this property is ideal for first-time buyers or investors looking for a project that can be gradually transformed into a personal sanctuary.

WHOTS analysis

Our WHOTS verdict

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

54out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom mid-terrace in Rainworth is presented as a blank canvas, ripe for transformation. While the property requires a full renovation, the low asking price of £100,000 is significantly below the local average, making it an attractive entry point for buyers looking to invest in a project. The layout is practical, with a living room that connects to the rear garden via patio doors, providing potential for an inviting outdoor space. The kitchen, while functional, is dated and could greatly benefit from a modern touch.

Despite its dated condition, the property offers well-proportioned accommodation and a solid foundation for those willing to put in the work. With a renovation budget estimated between £10,000 and £30,000, this home allows for significant personalization and improvement, making it a compelling opportunity for first-time buyers or investors. The location is also a plus, with community amenities and easy access to the countryside, enhancing its appeal as a future home or rental investment.

Key opportunities

  • The property's practical layout allows for a straightforward renovation process, enabling buyers to create a home that reflects their personal style.
  • The rear garden has the potential to be transformed into a charming outdoor space, enhancing the overall living experience.
  • With no onward chain, buyers can quickly begin their renovation journey and start adding value immediately.

Key risks

  • Stripped interiors and a £10,000–£30,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Vera Crescent, Rainworth, Mansfield
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Finance

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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
£378
Based on a loan of £75,000 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

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