2-bedroom flat · NG18 5PB
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroomed, first floor apartment, offered with full vacant possession. Cosmetic improvements just completed and now well-presented throughout.
Combination boiler, UPVC double glazing and consumer unit checked 24/9/2026. Energy performance certificate rating of B, valid until 30 September 2036.
Potential rental of £750PCM, producing A gross annual return of 10% on asking price. Entrance hall leading to the open plan living with lounge and fitted kitchen (oven & hob).
Two double bedrooms and bathroom with three-piece white suite and mains shower. Each apartment has an allocated parking space within the development.
Communal grounds which are maintained as part of the service charge you pay. Excellent location, close to amenities, railway station and A60 and M1 motorway.
Viewing: And further information through our Mansfield office on . Alternatively, email Directions: From the bottom of Stockwell Gate, continue straight on, turning first right onto Bancroft Lane.
Turn right onto Chaucer Street and the entrance to The Connexion is at the bottom of here. There is also a pedestrian access off Rosemary Street.
Accommodation Comprises Communal Atrium Stairs providing access to the first floor. Entrance Hall Front door with ‘spy hole’, radiator and access to any remaining loft space.
Bedroom One (4.14m x 2.64m (13'7 x 8'8)) 13’7 x 8’8. UPVC double aspect. Radiator. Bedroom Two (3.45m x 2.46m (11'4 x 8'1)) Radiator. UPVC double glazed elevation.
Bathroom Three-piece white suite comprising panelled bath, wash hand basin and WC. Mains shower over the bath, fully tiled bath surround, extractor fan, and radiator.
Open Plan Lounge & Kitchen (7.44m x 2.82m (24'5 x 9'3)) UPVC double glazed elevation. Radiator.
Within the kitchen area are base and eye level units, work surfaces and stainless-steel sink unit and single drainer. Built in electric oven, gas hob, and extractor fan.
Outside The development is fully enclosed, and each apartment has an allocated parking space. There are communal gardens, maintained as part of your service charge. There is also a covered cycle area.
The Connexion was built in 2002/2003, and the properties are leasehold for a period of 200 years. The current service charge is £1,320.00 per annum, payable on 1 January and 1 July.
Included within the service charge is buildings insurance, broadband provided by Virgin, gardening, cleaning of the communal areas, health and safety management, fire safety, CCTV and security, plus management of the bank account and preparation of the information required by the accountant at the year end.
The property is in council tax band A (Mansfield District Council). Financial Advice We offer help and advice in arranging your mortgage. Please contact this office.
Written quotations available on request. Your home is at risk if you do not keep repayments on A mortgage or other loan secured on it.
Money Laundering Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e.
Passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.
As With All Our Properties We have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment.
MA5922/14.10.26
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 29 College House, The Connexion, Chaucer Street, Mansfield
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