Property Description

Offered on behalf of Newton Fallowell Mansfield, this mid-terrace property featuring three bedrooms generates an impressive annual rental income of £18,720, resulting in a remarkable yield of 20.8% based on the current guide price. The residence has been thoughtfully divided into three distinct rooms, each equipped with its own bathroom or shower room, complemented by a communal kitchen. Each room is currently rented at £120 per week. In summary, the property includes an entrance leading to a fully fitted shared kitchen with under-stair storage. The first room offers generous space, accommodating a seating area, with a bathroom located at the rear. On the first floor, there are two additional rooms; the front bedroom includes a shower room, while the rear room features another bathroom. Externally, there is a low-maintenance shared garden. Conveniently situated just a short distance from the town centre, the property is in close proximity to local amenities and bus services. It also offers easy access to major road networks including the A617, A38, A6075, B6014, and A6191, as well as a variety of primary school options and proximity to Kings Mill Hospital. Mobile coverage: O2, EE, Three and Vodafone available Satellite and cable: BT, Sky and Virgin available Broadband: Standard, Superfast and Ultrafast available Flood risk: Surface water high Construction: Solid brick

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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