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Guide price
£80,000

3 bedroom terraced house for sale

Sadler Street, Mansfield NG19
Auction
Added yesterday
Terraced house
3 beds
2 baths
914 sq ft / 85 sq m
EPC rating: D
Added yesterday

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Traditional bay fronted three bedroomed terrace
  • Currently let at £650 per calendar month
  • Requires a scheme of modernisation
  • Current yield of 10% based on guide price

Introducing this traditional bay fronted three bedroomed terrace on Sadler Street, Mansfield. Situated just a short stroll away from Mansfield town centre, this property offers a fantastic investment opportunity. Currently let at £650 per calendar month, with a potential yield of 11.5% based on the guide price, this home is perfect for those looking to add to their property portfolio.

In need of some modernisation, this property has great potential for enhancement, with the possibility of increasing the rental income to £800 per month. The layout includes a bay front lounge, separate diner leading to the kitchen, a downstairs WC and utility room. Upstairs, you will find two double bedrooms, a single bedroom, and a room with a bath. Outside, there is an enclosed low maintenance rear garden, perfect for relaxing or entertaining.

Located in the NG19 postcode area, this property is conveniently situated for easy access to local amenities, shops, and transport links. Mansfield town centre offers a variety of shopping options, restaurants, and entertainment venues. With nearby parks and green spaces, residents can enjoy the outdoors and stay active.

Don't miss out on this fantastic opportunity to own a property with great potential in a prime location. Contact us today to arrange a viewing and see the possibilities this home has to offer.


Buyers Premium

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At Palace Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

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About this agent

Palace Auctions - Mayfair
Palace Auctions - Mayfair
11 Old Bond Street Mayfair, London W1S 4PN
020 3542 2754
Full profileProperty listings
Palace Auctions London: Redefining Luxury Property Auctions As the premier luxury property auctioneers and real estate investment consultants in London, Palace Auctions London stands as the pinnacle of sophistication and exclusivity in the provision of Auctioneering, Market appraisals , valuation, and investment consultancy advice across a broad range of commercial Property, Residential and development site services. We have the skills, the experience, and the drive to maximise the true open market value for our clients in the global real estate market. Our esteemed reputation, built on a legacy of unparalleled service and expertise, sets us apart, as the go-to team for discerning investors and sellers seeking extraordinary opportunities in the luxury property sector, Land sales and high value development opportunities.
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