We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NG18 5PB
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroomed, to be sold subject to the tenant remaining. Achieving £550PCM, but with more recent rents being between £650-700PCM.
Ground floor, facing into the courtyard, looking over the communal gardens. Includes gas heating (combination boiler) and UPVC double glazing.
Glass atrium, hallway and built in cloaks cupboard (boiler and consumer unit). Open plan living with lounge area and fitted kitchen, including oven and hob.
Two double bedrooms and bathroom with white suite and shower over the bath. One parking space per apartment, gardens, and covered bicycle store.
Popular with both investors and owner-occupiers, being in the town centre. Looking for cash buyers or those who already have A mortgage in principle.
Viewing: And further information through our Mansfield office on . Alternatively, email Directions: From Mansfield town centre, head onto Stockwell Gate, turn right immediately onto Bancroft Lane.
Turn right onto Chaucer Street and the entrance to The Connexion is at the bottom of here. There is also a pedestrian access off Rosemary Street.
Accommodation Comprises Lounge/Dining Room (5.18m x 2.87m (17' x 9'5)) Kitchen (3.02m x 2.34m (9'11 x 7'8)) Bedroom One (4.55m x 2.46m (14'11 x 8'1)) Bedroom Two (3.51m x 2.44m (11'6 x 8')) Bathroom The Connexion apartments are leasehold for a period of 200 years from the 1 March 2003.
There is no ground rent payable. The service charge for the current financial year (01/07/25 – 30/6/26) is £1200.00. The property is in council tax band A (Mansfield District Council).
Financial Advice We offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request.
Your home is at risk if you do not keep repayments on A mortgage or other loan secured on it.
Money Laundering Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e.
Passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.
As With All Our Properties We have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment.
Ma/12.12.25
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.
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FAQ
About 38 Stockwell House, Chaucer Street, Mansfield
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