2-bedroom property · NG19 0JP
Sold STCReduced £5k (−6.7%) on 20 MayListed 462 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A FULLY REFURBISHED, TWO BEDROOMED MOBILE HOME ON THIS RESIDENTIAL DEVELOPMENT. INCLUDES GAS HEATING (NEW COMBINATION BOILER) AND UPVC DOUBLE GLAZING.
NEW FLOORS THROUGHOUT AND NEW FLOOR COVERINGS, EITHER CARPET OR VINYL. ENTRANCE HALL LEADING TO THE RE-FITTED KITCHEN, INCLUDING ELECTRIC OVEN AND GAS HOB.
OPEN PLAN LEADING THROUGH TO THE LOUNGE, WITH UPVC BOW WINDOW TO THE FRONT. MAIN BEDROOM HAVING FULL LENGTH FITTED WARDROBES TO ONE WALL.
SECOND SMALL BEDROOM AND BATHROOM WITH NEW, THREE-PIECE WHITE SUITE. GARDENS TO ALL SIDES AND HAVING THE BENEFIT OF CAR STANDING WITH THE PROPERTY.
POPULAR, WELL MAINTAINED RESIDENTIAL SITE, WITH ACCESS TO BUS ROUTES AND AMENITIES. OCCUPIERS NEED TO BE 50 YEARS OF AGE OR OLDER AND PETS ARE ALLOWED, SUBJECT TO PERMISSION.
Viewing: - and further information through our Mansfield office on .
Alternatively, email Directions: - From Mansfield, take the A60 Woodhouse Road and at the traffic light junction, turn right onto Old Mill Lane. On the brow of the hill, turn left onto Tall Trees.
Park immediately on the left-hand side and walk down to number 26, which is on the left-hand side. Accommodation Comprises - Entrance Hall - UPVC front door, radiator and built in cloaks.
Door to Bathroom. Kitchen - 3.51m x 2.36m (11'6 x 7'9) - Having contemporary base and eye level units, work surfaces and stainless-steel sink unit and single drainer.
Integrated electric oven and separate gas hob. Cupboard housing the new combination boiler. UPVC double glazed windows to both sides. Radiator. Open plan directly through to the lounge.
Lounge - 3.51m x 2.97m (11'6 x 9'9) - UPVC double glazed bow window to the front and UPVC double glazed door. Radiator.
Bedroom Two - 2.59m x 1.35m (8'6 x 4'5) - Classified as a single bedroom within mobile homes. UPVC double glazed window, radiator and fitted, single wardrobe.
Bedroom One - 3.53m into wardrobe x 2.26m (11'7 into wardrobe x - Fitted wardrobes to one wall. Radiator. UPVC double glazed aspect.
Bathroom - New, three-piece white suite comprising panelled bath, wash hand basin and WC. Tiled splashbacks, radiator and UPVC obscure glaze.
Outside - There is an open frontage to the property and this one has the benefit of car standing. The gardens then extend to the sides and rear.
N B - This is a residential site, which means you can live there permanently, and each property is rated for council tax purposes. This property is in council tax band A (Mansfield-dc.gov.uk).
Although you own your property, you don’t own the ground that it stands on. This is retained by the park owner and a ground rent is paid. The park owner is responsible for the maintenance of the site.
The ground rent for the current year is £220.61 per month and the water charges are £27.46 per month. We understand this property is approximately 25 years old.
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.
MA5810/17.7.25
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
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FAQ
About Old Mill Lane, Forest Town
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