This end-terrace property presents a compelling opportunity for investors, featuring two self-contained residential units that allow for immediate rental income. Currently tenanted, the property offers a combined yield of 10.1%, making it an attractive proposition for those looking to enter or expand within the buy-to-let market.
Situated in a well-established residential area of Mansfield, this property benefits from its proximity to the town center, local amenities, and strong transport links, including the nearby train station. The NG18 postcode has demonstrated resilience and demand among renters, providing a solid foundation for long-term investment growth.
The ground floor unit spans approximately 736 sq ft and consists of a spacious one-bedroom flat. It includes a generous reception room, separate kitchen, bathroom, and access to a substantial basement/cellar area that holds potential for additional storage or future conversion—subject to appropriate planning permissions. This unit has been updated with contemporary neutral décor and features such as a fireplace and new carpets, ensuring it is ready for tenants without requiring immediate further investment.
On the upper floors, the duplex unit encompasses around 707 sq ft and features two bedrooms along with essential living spaces including a bright living room and kitchen. While currently functional and occupied, this space offers significant renovation potential to increase both rental yield and resale value. Its private entrance enhances tenant privacy while also allowing for thoughtful updates that could modernize the layout.
Overall, this dual-unit property stands out not only for its immediate income potential but also for the opportunities it provides in terms of refurbishment and capital appreciation. For active investors or those looking to build their portfolio in a thriving East Midlands rental market, this property presents both stability and growth prospects.
For detailed rental figures or further information about this investment opportunity, please contact the agent directly.
