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1 Seventh Avenue, Clipstone Village, Mansfield, NG21 9DP

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • • PRIME NEW LISTING. We are excited to present this vacant 3-bedroom terraced house located within a prime location in Mansfield.
  • • **180, Mansfield Road, Mansfield NG21 9AE sold for £181,000, 159, Forest Road, Mansfield NG21 9DS sold for £180,000, 20, Edmonton Road, Clipstone Village, Clipstone NG21 9AJ sold for £195,000*
  • • This fantastic property presents a brilliant opportunity for investors, with potential rental earnings of £900 to £1,000 per month. This can equate to an impressive annual income of £12,000, o
  • • Whilst the house requires renovation to reach its full potential, it is a perfect canvas for an owner-occupier or a young family. With room for personalisation and contemporary design, it promise
  • • Upon reaching its full potential, this property could generate an extraordinary £350 per night on Airbnb as serviced accommodation. With a 70% occupancy rate, this could yield a substantial £89

Description

  • PRIME NEW LISTING. We are excited to present this vacant 3-bedroom terraced house located within a prime location in Mansfield.

 
  • **180, Mansfield Road, Mansfield NG21 9AE sold for £181,000, 159, Forest Road, Mansfield NG21 9DS sold for £180,000, 20, Edmonton Road, Clipstone Village, Clipstone NG21 9AJ sold for £195,000**

 
  • This fantastic property presents a brilliant opportunity for investors, with potential rental earnings of £900 to £1,000 per month. This can equate to an impressive annual income of £12,000, offering a remarkable 9%-10% gross yield based on the guide price. A splendid chance for wise investors seeking both capital and rental growth.

 
  • Whilst the house requires renovation to reach its full potential, it is a perfect canvas for an owner-occupier or a young family. With room for personalisation and contemporary design, it promises the potential of a modern and inviting family home.

 
  • Upon reaching its full potential, this property could generate an extraordinary £350 per night on Airbnb as serviced accommodation. With a 70% occupancy rate, this could yield a substantial £89,425 annually. An incredible opportunity for the shrewd investor.

 

PRIME NEW LISTING. We are excited to present this vacant 3-bedroom terraced house located within a prime location in Mansfield.

 

The property comprises an inviting entrance hallway, a light-filled landing, three spacious bedrooms, a modern bathroom, a delightful dining room, a well-equipped kitchen, a comfortable lounge, a charming conservatory, and a convenient garage, all with ample storage throughout.

 

This fantastic property presents a brilliant opportunity for investors, with potential rental earnings of £900 to £1,000 per month. This can equate to an impressive annual income of £12,000, offering a remarkable 9%-10% gross yield based on the guide price. A splendid chance for wise investors seeking both capital and rental growth.

 

Whilst the house requires renovation to reach its full potential, it is a perfect canvas for an owner-occupier or a young family. With room for personalisation and contemporary design, it promises the potential of a modern and inviting family home.

 

Upon reaching its full potential, this property could generate an extraordinary £350 per night on Airbnb as serviced accommodation. With a 70% occupancy rate, this could yield a substantial £89,425 annually. An incredible opportunity for the shrewd investor.

 

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

 

Excellent sales evidence in the area:

**180, Mansfield Road, Mansfield NG21 9AE sold for £181,000, 159, Forest Road, Mansfield NG21 9DS sold for £180,000, 20, Edmonton Road, Clipstone Village, Clipstone NG21 9AJ sold for £195,000**

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

 

For further details on how to have a bidding account created, please contact the team.

 

Location

 

Mansfield, a thriving market town, is known for its rich history and proximity to Sherwood Forest. With excellent transport links and a wealth of amenities, it provides a vibrant community atmosphere, making it an ideal location for both families and investors.
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.
Driveway
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
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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1 Seventh Avenue, Clipstone Village, Mansfield, NG21 9DP

Approximate location

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Affordability

Monthly repayments£627
Property: £ 125,000
Deposit: £ 12,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Prime Property Auctions (Scotland) Ltd, Glasgow

100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
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Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.

Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great tool for property owners who are looking a fast sale for a great price.

We hold several live events online throughout the year. To feature in our upcoming auction get in contact now.

If you are looking for an easy no hassle sale process then look no further than Prime Property Auctions. Our team is ready to help you sell your property FAST for a GREAT PRICE. Get in contact with the team today to request a Free Auction Valuation and discuss how the auction process works. At Prime Property Auctions we pride ourselves on providing unrivalled service where we can have your property sold for a great price as quickly as possible.

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Disclaimer - Property reference 226683059. 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 Prime Property Auctions (Scotland) Ltd, Glasgow. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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