11 bedroom detached house for sale
Key information
Property description & features
- Tenure: Freehold
- Specialist Supported Living Investment
- Let on a 10 year unbroken Lease
- Producing £138,424 pa
- Reflecting £242 per week per room
- Lease start date October 2024
- Large staff car park to the rear
- Recently converted office block
- Situated in the heart of Mansfield
Council tax band: TBC
Lester & Bingley are pleased to bring to market this newly converted Specialist Supported Living Investment, Let on a 10 year unbroken Lease to Inclusion Housing at a rent of £138,242 pa (£242 per week per room).The property provides 11 no 1 bedroom apartments and associated staff facilities to provide 24 hour supported care by Turning Point.
We are seeking offers in the region of £2,200,000 (Two Million Two Hundred Thousand Pounds) reflecting a yield of 6.3%
Wood Street is located within the central area of Mansfield being just a short 4minute walk (0.2 miles) from Mansfield Town Centre and the Four Seasons Shopping Centre. The subject property is surrounded by a mix of employment and residential areas with excellent transport links being situated just off the A6009 Chesterfield Road South which is one of Mansfield main arterial routes in and out of the town.
Access to shops and doctors' surgery is within 100 yards from the development along with bus stops surrounding the property enabling easy access and egress to the surrounding areas.
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Broadband availability and predicted speed: obtained from Ofcom on October 15, 2024
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Mobile phone signal availability and predicted strength: obtained from Ofcom on October 15, 2024
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Energy Performance data and Internal floor area
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