St Crispens Court, Stockwell Gate, Mansfield, NG18
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
549 sq ft
51 sq m
Key features
- Tenant in situ with 12-month agreement
- Proven rental payment history
- Strong town centre rental demand
- Modern residential block
- Excellent transport connections
- Attractive 11% gross yield
Description
Monthly rent: £550
Annual rent: £6,600
Purchase price: £60,000
Gross yield = 11% per annum
An exceptional opportunity to acquire a well-positioned, income-generating one-bedroom apartment in a highly sought-after town centre location.
This modern apartment is being sold with a tenant in situ, offering investors immediate and reliable income from day one. The current tenant is secured on a 12-month tenancy agreement and has an established track record of consistent, on-time rental payments, providing reassurance and stability for the incoming owner.
Positioned within a contemporary residential block, the property benefits from strong and ongoing rental demand, driven by its prime central setting and excellent transport links — making it an enduringly popular choice for tenants.
At a purchase price of £60,000 and generating £550 per calendar month, the property delivers an attractive 11% gross annual yield, presenting a compelling addition to any investment portfolio.
Cash buyers only
A rare opportunity to secure a high-yielding, low-entry investment in a consistently popular rental location.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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St Crispens Court, Stockwell Gate, Mansfield, NG18
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About Jacobs Prestige Properties, Mansfield
Oak House Business Centre Samuel Brunts Way, Mansfield, NG18 2AH
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Visit our security centre to find out moreDisclaimer - Property reference HRY-40700291. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Jacobs Prestige Properties, Mansfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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