North Avenue, Rainworth, Mansfield, Nottinghamshire, NG21
East Midlands
£110,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
984 sqftFeatures
- Garden
- Parking
Description
This three-bedroom terraced house in Rainworth has a lounge and separate dining room, with a kitchen and utility room at the rear. Upstairs are three bedrooms and a family bathroom. The property also has solar panels and a block-paved front driveway providing off-street parking for several vehicles.
The enclosed rear garden includes lawn and artificial lawn, as well as a storage shed. Local amenities, schools and transport links are nearby. The house is described as needing modernisation, offering scope for a buyer to update the interiors to their requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
72out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £110,000, this three-bedroom Rainworth terrace is priced at about £112/sq ft against a local average of £226, making the low entry price a standout opportunity. The separate lounge and dining room, driveway parking and solar panels give the project useful starting points, while the dated finishes, worn flooring and tired kitchen and bathroom leave plenty of scope to reshape the interior to your taste.
This is a substantial improvement project: several rooms show wear, there is conspicuous ceiling and upper-wall staining, and the enclosed rear garden needs clearing and attention. The renovation range is £38,000–£68,000, so it calls for a considered budget and programme rather than a cosmetic refresh; the available exterior view does not allow a full roof assessment.
Key opportunities
- The separate lounge and dining room offer scope to refresh two distinct living spaces and tailor their finishes.
- A low asking price versus local £/sq ft provides an attractive entry point for improving the house.
- The enclosed rear garden can be cleared and improved, while the block-paved driveway and visible solar panels are useful existing features.
Key risks
- The £38,000–£68,000 works range, worn finishes across several rooms and garden clearance make this a sizeable budget and programme, not a cosmetic refresh.
- Conspicuous ceiling and upper-wall staining is visible in a photographed room; its cause and repair scope need checking.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£416
Based on a loan of £82,500 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.
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