2-bedroom house · NG18 2SG
For saleReduced £5k (−5%) on 26 SepListed 121 days
Opportunity summary
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About
An excellent opportunity to acquire a well-maintained, income-generating buy-to-let property, offered for sale with a long-term tenant in situ.
This traditional two-bedroom terrace provides immediate rental income and represents a turnkey investment for both experienced landlords and those looking to expand their portfolio.
The accommodation comprises two spacious reception rooms, offering flexible living and dining space, together with a compact kitchen featuring a free-standing cooker, plus washing machine.
The property benefits from a modern hybrid gas central heating system along with a heat source pump, smart thermostat and trv’s, underfloor insulation enhancing energy efficiency and reducing future maintenance requirements.
Upstairs, the property offers two well-proportioned bedrooms and a modern bathroom suite with a bath and overhead shower.
The current tenant has maintained the property to an excellent standard, with tasteful neutral décor throughout creating a bright, clean, and welcoming environment.
The property is currently tenanted and is being sold with the tenant in situ, allowing a seamless transition of ownership and uninterrupted rental income from completion.
The tenancy is professionally managed through Pinewood Properties and the property is fully compliant with current rental legislation, including Renters' Rights requirements.
All key compliance documentation is in place, including a valid Electrical Installation Condition Report (eicr), Energy Performance Certificate (EPC Rating D – 67), and Gas Safety Certificate.
Conveniently located close to local amenities, schools, shops, and public transport links, the property continues to demonstrate strong rental appeal.
Offered on a freehold basis and falling within Council Tax Band A, this represents a low-maintenance, fully compliant investment opportunity with established management and an existing tenant already in place.
EPC Rating: D Disclaimer These particulars do not constitute part or all of a contract.
While we endeavour to make our particulars fair, accurate and reliable, they are only a general guide to the property the photos are for reference purpose only, the appliances/white goods advertised may not be in situ and have not been tested.
If there are any points which are of particular importance to you or any particular appliances or white goods required please check with the office and we will be pleased to check the position on these.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About 32 Cromwell Street, Mansfield
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