2-bedroom terraced house · NG18 1QB
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOMS. . ATTIC ROOM. . MANSFIELD CENTER. . ENCLOSED COURTYARD. . GARDEN. .
This two bedroom plus attic room, end terraced house is perfect for anyone looking for an investment or their first home!
Situated in the Mansfield town center this property benefits from local amenities, good schools and transport links including A617 and M1.
The home also provides on street permit parking and an enclosed courtyard and garden to the rear. Accommodation comprising; Lounge and Kitchen to the ground floor.
To the first floor are two bedrooms as well as a bathroom and a further attic room to the second floor. This property would achieve a current rental figure of £725pcm which is a yield of 7.9%.
Within walking distance to Mansfield bus station and also close proximity to Kings Mill Hospital, this property is in a brilliant location.
Lounge 11.7 x 12.2 - uPVC Front door, single glazed window to the front, door leading to stairs and a double radiator. There is also an under stairs storage cupboard with light.
Kitchen 11.9 x 11.8 - High gloss base and wall mounted units with roll top edge work surfaces and one cupboard housing the boiler.
Integrated electric oven and hob as well as tiled splash back and flooring. There is space for a washing machine, tumble dryer and fridge freezer. There is a door that leads to the rear.
There is also a hard wired with battery back up smoke alarm. Bedroom One 10.8 x 12 - Double glazed window and double radiator to the side.
Bedroom Two 9.3 x 6.5 - Single glazed window and double radiator to the rear.
Attic Room 12 x 17.1 - Two double glazed windows to the rear, new 300ml insulation, hard wired with battery back up smoke alarm.
Bathroom 4.9 x 9.2 - Single glazed window and double radiator to the side. Low level WC, white hand wash basin, and gas shower above white bath.
New extractor fan, tiled walls and laminate flooring. Rear Private rear courtyard with gated access to further garden which is lawn to the rear as well as a wooden shed.
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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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 Wood Street, MANSFIELD, Nottinghamshire, NG18
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