1-bedroom flat · NG18 2LU
For saleListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroomed, second floor flat in purpose-built development. Well presented, with floor coverings throughout and freshly painted.
Spacious liviing room and fitted breakfast kitchen with modern units. Large double bedroom and modern bathroom with 3-piece white suite.
Includes electric heating - storage, slimline heaters, and fan heater. Communal gardens around the development and ample car standing.
Convenient location, with access to local amenities and town centre. Potential rental income in the region of £650 pcm (11.2% gross return).
Viewing: And further information through our Mansfield office on . Alternatively, email Directions: Proceed onto St. Peter’s Way and then onto Bath Lane.
Turn right onto Sandy Lane and The Granary is on the right-hand side. Ground floor communal stairs leading to the second-floor external landing. Accommodation Comprises: Entrance Hall Loft access.
Carpeted. Lounge (5.00m x 3.53m (16'5 x 11'7)) A spacious living room, enjoying a double UPVC aspect to the front elevation. Storage heater. Carpeted.
Breakfast Kitchen (3.99m x 2.62m (13'1 x 8'7)) Having modern base and eye level units, work surfaces and stainless-steel sink unit and single drainer.
Fitted coker hood, UPVC double glazed aspect and slimline electric heater. Vinyl flooring.
Bedroom One (4.11m x 3.89m (13'6 x 12'9)) UPVC double aspect to the front elevation, built in cupboard, electric storage heater and carpeted.
Bathroom Modern three-piece white suite, comprising panelled bath with mixer shower to the taps, wash hand basin and WC. Extractor fan, electric fan heater, vinyl flooring and UPVC obscure glaze.
Outside There are communal grounds around the development. There is ample parking provided to the rear. The property is in council tax band A (Mansfield District Council).
The property is leasehold, for a period of 125 years from 1 January 2004. The current service charge payable is £720.00 per annum (1 October – 30 September).
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.
MA5888/07.05.2026
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Flat 24, The Granary, Sandy Lane, Mansfield
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