£80,000 - £120,000
3-Bedroom Terrace in Mansfield NG19 – High Yield Investment
Type of Sale: By Auction
Key Features:
Current yield of 10% based on guide price
Currently let at £650 per calendar month
Requires a scheme of modernisation
Traditional bay fronted three bedroomed terrace
Introducing this traditional bay fronted three bedroomed terrace on Sadler Street, Mansfield. Situated just a short stroll away from Mansfield town centre, this property offers a fantastic investment opportunity. Currently let at £650 per calendar month, with a potential yield of 11.5% based on the guide price, this home is perfect for those looking to add to their property portfolio.
In need of some modernisation, this property has great potential for enhancement, with the possibility of increasing the rental income to £800 per month. The layout includes a bay front lounge, separate diner leading to the kitchen, a downstairs WC and utility room. Upstairs, you will find two double bedrooms, a single bedroom, and a room with a bath. Outside, there is an enclosed low maintenance rear garden, perfect for relaxing or entertaining.
Located in the NG19 postcode area, this property is conveniently situated for easy access to local amenities, shops, and transport links. Mansfield town centre offers a variety of shopping options, restaurants, and entertainment venues. With nearby parks and green spaces, residents can enjoy the outdoors and stay active.
Don’t miss out on this fantastic opportunity to own a property with great potential in a prime location. Contact us today to arrange a viewing and see the possibilities this home has to offer..
https://palaceauctions.com/property/29-mansfield-court-nottingham-ng5-2bw-investment-fapartment-for-sale-by-auction-in-nottingham/
Don’t miss out on the chance to make this property your own. Contact Angel Auctions on 01227 934567 for auction details or Palace Auctions on 0207 101 3647 to schedule a viewing.
Fees apply to the hammer price:
Free Registration
2% inc VAT*
