Kelstedge Drive, Mansfield, NG18
East Midlands
£50,000
Listed on 31/10/2026
Listed on 31/10/2026
The listing
Property details
Bedrooms
1Type
FlatArea
510 sqftDescription
This one-bedroom first-floor flat in Mansfield is offered with no onward chain. The accommodation comprises a double bedroom, lounge and kitchen, with the listing describing the property as requiring refurbishment. It may suit a buyer prepared to update the interior, subject to confirming the scope of work and the lease and associated costs. Local amenities and transport links are noted as being nearby.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
67out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £50,000, this one-bedroom flat is priced at £98/sq ft against a local average of £207/sq ft, making the low entry price a clear opportunity for someone ready to take on a substantial project. The photographed interiors show extensive peeling and damaged finishes, worn flooring, and a kitchen and bathroom that both need significant attention, so this is a full interior overhaul rather than a cosmetic refresh.
The appeal is the chance to reshape and personalise the flat throughout, with no upward chain and no obvious major structural failure in the exterior views. The score is tempered by the heavy scope and below-average fundamentals, so the low purchase price needs to be weighed against the time and coordination involved.
Key opportunities
- The low asking price versus local £/sq ft offers an opportunity to acquire the flat at a substantial discount to the local benchmark.
- A full interior rebuild gives scope to replace the damaged kitchen and dated bathroom, renew finishes and flooring, and create a more cohesive home.
- The lounge and bedroom provide a straightforward one-bedroom layout to personalise for an owner-occupier or investor.
Key risks
- Extensive peeling and damaged finishes, worn flooring, and deteriorated fittings across the photographed interiors mean a substantial multi-room programme; allow for the time and coordination of a full interior overhaul, not a cosmetic refresh.
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Transport
Nearest stations
Mansfield Rail Station
1.8 miles
Train · Mansfield
Mansfield Woodhouse Rail Station
2.5 miles
Train · Mansfield Woodhouse
Sutton Parkway Rail Station
4.1 miles
Train · Sutton Junction
Shirebrook Rail Station
4.9 miles
Train · Shirebrook
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
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
£189
Based on a loan of £37,500 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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