Stockwell Gate, Mansfield

A TWO BEDROOMED, MID FLOOR APARTMENT, WITH NO UPWARD CHAIN.
INCLUDES ELECTRIC HEATING AND SEALED UNIT DOUBLE GLAZING.
WE ARE SEEKING CASH BUYERS ONLY – PLEASE SEE COMMENT AT THE END*
OPEN PLAN ACCOMMODATION OFFERING LOUNGE AND FITTED KITCHEN
THE KITCHEN HAS WALL AND BASE UNITS AND BUILT IN OVEN AND HOB (NOT TESTED)
THERE ARE TWO DOUBLE BEDROOMS AND BATHROOM WITH THREE-PIECE WHITE SUITE
PARKING IS AVAILABLE WITHIN THE CENTRE OF THE DEVELOPMENT
LOCATED ON THE VERY EDGE OF MANSFIELD TOWN CENTRE, CLOSE TO AMENITIES
EXCELLENT TRANSPORT LINKS, INCLUDING M1, A38 AND ROBIN HOOD TRAIN LINE
POTENTIAL RENTAL INCOME IN THE REGION OF £650-£700PCM (12%-13% GROSS RETURN)

Viewing - and further information through our Mansfield office on . Alternatively, email

Directions - From the bottom of Stockwell Gate, in the centre of Mansfield, the building can be seen on the left-hand side. The main entrance to the development is off Dallas Street. If you enter through the main gates, the door providing access to numbers 65-79 is immediately facing you.

Accomodation Comprises -

Communal entrance area, with stairs and lifts (working at the time of our inspection) providing access to the floors above.

Open Plan Living -

Lounge - 4.75m x 4.32m (15'7 x 14'2) - Electric heater (not tested) and timber framed double glazed window.

Kitchen - 2.84m x 2.34m (9'4 x 7'8) - Having base and eye level units, work surfaces and stainless-steel sink unit and single drainer. Built in electric oven, hob and cooker hood (none of them tested).

Bedroom 1 - 3.96m x 2.95m (13'0 x 9'8) - Electric heater (not tested). Timber framed double glazed window.

Bedroom 2 - 3.51m x 2.92m (11'6 x 9'7) - Timber framed double glazed window. Electric heater (not tested).

Bathroom - Three-piece white suite comprising panelled bath with tiled surrounds, wash hand basin and WC. Chrome electric radiator (not tested) and airing cupboard with hot water tank.

Outside - Within the centre of the development is the car park and bin store.

The property is in council tax band A (Mansfield District Council).

The property is leasehold and we await details of the lease and service charge payable.

We are seeking cash buyers only, as the property has been previously identified as having used flammable cladding in its construction. Works to remove this have been initiated under the Building Safety Fund (BSF), although these were interrupted when the lead contractor entered administration. Discussions now continue between the new contractor, the freeholder and Homes England to establish who is responsible for completing the work and whether it qualifies for funding under the BSF. The vast majority of the cladding has now been removed.

Financial Advice - we offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

Money Laundering - under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.

As With All Our Properties - we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment. MA5723/16.10.2024