2-bedroom flat · NG19 7SE
For saleReduced £5k (−5%) on 21 JunListed 250 days
Opportunity summary
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About
No chain . . Driveway . . First floor maisonette . . Two double bedrooms . . Rear garden. Accommodation comprising; entrance hall, lounge-diner, kitchen, two double bedrooms and bathroom.
Outside there is a low maintenance garden to the rear and a driveway to the side. The property is well presented and benefits from double glazing and gas central heating.
The property is available to all buyers. If looking at buy to let, the yield is 8.2% based on rent of £725 pcm and a purchase price of £105,000.
The management company is Mansfield District Council and the lease was 125 years from October 1993 so expires October 2118. The current annual ground rent is £10.00 and annual service charge £250.18.
Pleasley is a rural area which is a small and beautiful village in between Mansfield and Chesterfield and is within close proximity to major road links; A617, A60 and M1.
The river Meden runs through the village. Local amenities, two primary schools, regular bus service and Pleasley pit county park leading to five pits trail.
Entrance Hall (2.44m x 1.52m) Double glazed door to side, double glazed window to the side, stairs to the first floor and under stairs storage cupboard housing alarm.
Landing (1.65m x 1.35m) Double glazed window to the side, single radiator and access to lounge-diner and kitchen.
Lounge-Diner (5.7m x 3.6m) Double glazed bay window to the front, double glazed window to the front, two single radiators, coving to ceiling and feature fireplace surround with marble effect inset and hearth.
Kitchen (3.58m x 2.72m) With a range of base and wall mounted units, roll edged work surfaces, one and a quarter bowl stainless steel sink and drainer with mixer tap.
Integrated oven, hob and extractor fan. Space for fridge-freezer and washing machine.
Double glazed window to the rear and double radiator, access to storage cupboard housing boiler and circuit breakers and access to lobby. Lobby (1.9m x 0.9m) Doors to bedrooms and bathroom.
Bedroom 1 (3.7m x 3.6m) Double glazed window to the front, single radiator and coving to ceiling.
Bedroom 2 (3.63m x 2.8m) Double glazed window to the rear, single radiator, fitted wardrobes and overhead storage cupboards.
Bathroom (2.67m x 1.96m) Having a white three piece suite comprising; low level WC, pedestal wash hand basin, shower over panelled bath, shower screen, double glazed window to the rear, single radiator and coving to ceiling.
Outside There is a driveway to the side then gated access at the side to low maintenance patio and gravelled side and rear gardens. Gate to No 21 which has right of way.
Double glazed door to outbuilding. Outbuilding (2.72m x 1.83m) Double glazed window.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About 23, High Street, Mansfield
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