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Little John Drive, Rainworth, Mansfield, Nottinghamshire NG21 - Image 1
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Little John Drive, Rainworth, Mansfield, Nottinghamshire NG21

East Midlands

£120,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
890 sqft

Description

This three-bedroom mid-terrace property presents a promising opportunity for renovation, with no onward chain to impede your plans. Although the home requires modernization throughout, it offers a solid framework to create a comfortable living space. The ground floor includes an entrance hall leading to both a lounge and dining room, along with a kitchen that provides potential for an open-concept layout. Upstairs, you’ll find three bedrooms, a bathroom, and a separate WC. Outside, the property benefits from off-street parking and a rear garden which could be transformed into an appealing outdoor area. With its ample space and advantageous location in the East Midlands, this property is ideal for investors looking to add value through refurbishment.

Investment Analysis

(NG21 area)

Below Market Value

This property is priced -39.8% below area average per sq ft

-39.8%
Potential saving
This Property
£135/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£219,296
10% above area average per sq ft
Potential ROI
+41.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NG21)

Area prices are falling by -9.3% over the last 12 months
3 year growth: -4.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on NG21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Little John Drive, Rainworth, Mansfield, Nottinghamshire NG21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£428
Based on a loan of £90,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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