2-bedroom house · NG19 8TH
For saleReduced £10k (−11.8%) on 12 SepListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in New Houghton, Mansfield, this terrace house on Verney Street presents a unique opportunity for prospective buyers.
The property is sold with a tenant in situ, making it an ideal investment for those looking to enter the rental market or expand their existing portfolio.
The house boasts a welcoming atmosphere, with well-proportioned rooms that offer both comfort and functionality.
The layout is designed to maximise space, ensuring that each area feels inviting and practical for everyday living.
The property is situated in a friendly neighbourhood, providing a sense of community while still being conveniently located near local amenities.
New Houghton is known for its pleasant surroundings and accessibility to nearby towns, making it a desirable Location for families and professionals alike.
With schools, parks, and shops within easy reach, this property is perfectly positioned to cater to the needs of its residents.
Investing in this house not only secures a home but also offers the potential for steady rental income, thanks to the existing tenant.
This arrangement allows for immediate returns, making it a savvy choice for those looking to invest wisely in the property market.
In summary, this house on Verney Street is a fantastic opportunity for anyone seeking a property with rental potential.
With its tenant already in place, you can enjoy the benefits of ownership from day one. Don’t miss out on this chance to secure a valuable asset in a thriving community.
Lounge Diner (3.18m x 8.66m (10'05 x 28'5)) Kitchen (1.91m x 2.62m (6'3 x 8'7)) Utility (1.65m x 1.83m (5'5 x 6'27)) Stairs & Landing Bedroom One (1.93m x 3.35m (6'4 x 11')) Bedroom Two (2.74m x 3.35m (9' x 11')) Bathroom (2.64m x 1.93m (8'8 x 6'4)) External Disclaimer Viewings Viewing is strictly by appointment with Location, 13 - 15 Albert Street, Mansfield, Nottinghamshire, NG18 1EA www.
Telephone: Option 1.
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 advisers 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.
Area
Agent & docs
FAQ
About 126, Verney Street, Mansfield
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