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See how verdicts work2-bedroom house · NG21 0RB
For saleListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CONTACT FHP PROPERTY CONSULTANTS FOR MORE INFORMATION. Owner occupation or investment - Substantial premises for sale with vacant possession.
The subject property is located in the well-known village of Blidworth, which lies approximately 5 miles to the east of Mansfield and has good connectivity with the A617 to the north and A60 to the west, providing access to Mansfield and Nottingham to the south.
The M1 lies to the south-west of Mansfield with access to Blidworth via the A60, approximately 10 miles away. The main shopping facilities for Blidworth are centred on Mansfield Road.
This property occupies a highly prominent location, just north of the village centre adjacent to a doctor’s surgery.
The property comprises a substantial detached building, the original part of which we are informed was built in 1902 and subsequently extended in 1952 or thereabouts.
It comprises of one building currently occupied as two shops with a large entrance/storage area to the flat which could be used as a third shop subject to planning with living accommodation above and to the rear.
All parts are currently intercommunicating. These premises have been well fitted out. The property benefits from an enclosed forecourt currently used for external display purposes.
The property also has the benefit of a small rear garden. This property should be of interest to either owner occupiers or investors/developers.
Subject to various alterations being undertaken, it should be possible to extend the Blinds shop and the middle shop to the rear into the living accommodation, together with provision for separate toilets.
At the rear of this there is a conservatory/sun lounge which can be incorporated and used for storage purposes for one of the shops if so required.
A separate entrance would then need to be created for access to the first floor accommodation which consists of a substantial self-contained flat totalling 69.49m² (705 ft²).
This will provide a spacious three-bedroom flat together with bathroom accommodation and first floor living room. Potential Income £43,400 per annum exclusive of rates.
Disclaimer Note & Money Laundering Wb - These sales particulars have been prepared by FHP Living on the instruction of the vendor.
Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given.
Prospective purchasers are advised to make their own enquiries regarding such matters. These sales particulars are produced in good faith and are not intended to form part of a contract.
Whilst FHP Living have taken care in obtaining internal measurements, they should only be regarded as approximate.
Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, FHP Living require any successful purchasers proceeding with a purchase to provide two forms of identification i.e.
passport or photocard driving license and a recent utility bill. This evidence will be required prior to FHP Living instructing solicitors in the purchase or the sale of a property.
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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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.
Area
Agent & docs
FAQ
About Mansfield Road, Blidworth, Mansfield
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