7 bed flat for sale

Mansfield Road, Sutton-In-Ashfield, Nottinghamshire NG17

This impressive seven room HMO, thoughtfully converted from a historic working men’s club, combines character, scale and dependable income. The property features a spacious internal layout designed for comfortable multioccupancy living, with well proportioned bedrooms and shared facilities arranged to maximise practicality and tenant satisfaction.

Externally, the building benefits from off street parking for up to three vehicles, a valuable asset in the area and a strong draw for prospective tenants.

The sale includes sitting tenants, total £700 per week, delivering immediate cash flow and a stable rental yield from day one. This makes the property an attractive, low maintenance investment for both established landlords and those expanding their portfolio.

Ideally located within walking distance to the town centre where you will find local, shops, doctors and library.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you.