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11 bedroom detached house for sale

Mansfield NG18
Detached house
11 beds
11 baths
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 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.

About this agent

Lester & Bingley Property Consultants - Mansfield
Lester & Bingley Property Consultants - Mansfield
Unit 2a, Sherwood Oaks Close, Mansfield, Notts NG18 4TB
0115 691 7299
Full profileProperty listings
With extensive experience of sales and lettings across all property sectors we pride ourselves in offering a professional, no nonsense approach to achieving best results for our clients. We specialise in residential and commercial sales & lettings and development sales & acquisitions.
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