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See how verdicts work2-bedroom flat · NG18 5PB
For saleReduced £4k (−4.8%) on 9 OctListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attractive investment opportunity – tenant in situ Attention investors!
This is an excellent opportunity to acquire a well-presented two-bedroom second-floor apartment offering an attractive income stream from day one and a gross rental yield of around 9.8%.
The property is currently let at £690 pcm (£8,280 per annum), with a new tenancy commencing on 10th July 2026, providing immediate rental income and eliminating any initial void period.
Opportunities offering yields at this level are increasingly sought after, making this a particularly attractive proposition for both experienced and first-time investors.
The accommodation comprises an entrance hall, a spacious open-plan lounge and kitchen area, two well-proportioned bedrooms, and a bathroom fitted with a three-piece suite.
The apartment is presented in good condition throughout and benefits from an allocated parking space within a secure gated communal parking area.
Located within easy reach of Mansfield Town Centre, the property enjoys convenient access to a wide range of amenities including shops, supermarkets, restaurants, leisure facilities, and other everyday services.
The apartment is also ideally positioned close to both the bus station and train station, providing excellent transport links for commuters and tenants alike.
This highly convenient location continues to prove popular with renters, further enhancing the property's appeal as an investment opportunity.
With a tenant already in place, immediate rental income, and a gross yield of around 9.8%, this represents an excellent buy-to-let opportunity for investors seeking a strong-performing addition to their portfolio.
Offering a combination of strong returns, a central location, and a recently renewed tenancy, this is a ready-made investment that can generate income from completion.
Early enquiries are strongly recommended.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 31 College House,, The Connexion, Mansfield
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