3-bedroom terraced house · NG18 2RQ
Listing removedListed 126 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented three-bedroom, three-storey mid-terrace house.
The accommodation comprises a front lounge, rear dining room with cellar access for additional storage, and an open-plan kitchen fitted with modern cream gloss-style units, including an oven and hob.
To the first floor, there is a bathroom with a white three-piece suite, including a shower over the bath.
There are also two bedrooms on this floor: one double bedroom at the front of the property and one single bedroom located to the rear.
A further double bedroom is located in the attic with reduced headroom and a loft hatch.(height to the left hand side is 0.83m, right hand side height is 1.03m and to the middle of the room is 1.82m.) Externally, the property benefits from a low-maintenance rear garden, mainly laid with slabs, together with an outbuilding for storage.
On-street parking is available to the front on a first-come, first-served basis. The property also benefits from gas central heating via a combi boiler and UPVC double glazing.
Situated very close to King Edward Primary School, located at the end of the road, the property is also within a short walk of Mansfield Town Centre. Electricity and gas supply: Mains connection.
Water and sewerage status: Mains connection. Heating and hot water status: Gas central heating. Broadband and mobile phone coverage: see checker.ofcom.org.uk.
Flood risk in this location: Surface water = Very Low.
River/Sea = Very Low Flood risk from Groundwater = This location is outside of a groundwater flood alert area Flooding from reservoirs = unlikely in this area.
Coal mining area location: located on the coalfield.
Council: Mansfield District Council Any planning permission in the area: see planning.mansfield.gov.uk/online-applications/ Costs to move in to this property = Initial holding deposit, equivalent to 1 weeks rent (not a fee and will go towards balance of move in monies if tenancy goes ahead), being £173.00.
Tenancy deposit, equivalent to 5 weeks rent, being £865.00 First months rent in advance.
Kingswood Residential Investment Management are residential lettings specialists and members of ARLA Propertymark, The Property Ombudsman, Tenancy Deposit Scheme and the Propertymark Client Money Protection Scheme.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Newton Street, Mansfield, Notts, NG18 2RQ
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