3 bed terraced house for sale

Flats 1 & 2, Spencer Street, Mansfield, Nottinghamshire NG18

Auction House are proud to present this fantastic investment opportunity on Spencer Street, Mansfield, NG18 – a freehold end-terrace property thoughtfully converted into two self-contained residential units. Sold with tenants in situ, this is an ideal acquisition for landlords seeking instant rental income £11,100 per annum and an impressive return of almost 16% when based on the quoted guide price.

Located in a well-established residential area of Mansfield, the property is just a short walk from the town centre, train station, and a range of local amenities. With excellent transport links and a consistently strong rental market, the NG18 postcode continues to prove a popular and resilient location for buy-to-let investors.

Interested parties should be aware that there were some signs of movement at the property which is believed to be historical settlement.

Accommodation

Lower Ground Floor

Cellar

Ground Floor

Living room, kitchen, bedroom and shower room

First Floor

Living room, kitchen, bedroom and bathroom

Second Floor

Bedroom

Additional Information

Council Tax

Mansfield - Band A

EPC Ratings

18: C
18a: E

Tenure

Freehold

Charges And Payments

In addition to the deposit
Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.