Auction Property 3 Bed House - Terraced 

Bishop Street, Mansfield

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Features

  • EMAIL ENQUIRIES ONLY to property@johnpye.co.uk
  • Auction Date: 26th & 27th May 2020
  • Guide Price: £47,500+
  • Three-bedroom terraced property
  • Readymade investment opportunity
  • Close to Mansfield town centre
  • Sold with a tenant in situ
  • Currently let at £450 pcm (£5,400 pa)
  • Current gross yield of 11.37%
  • Approx. 101 Sq. M / 1,087.15 Sq. Ft

Quick Details

3 Bedrooms2 Receptions1 Bathroom

Address

23 Bishop StreetMansfieldNottinghamshireNG18 1HJ
Details
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Property Details

•EMAIL ENQUIRIES ONLY to property@johnpye.co.uk – one of our agents will call you back shortly
•For Sale By Online Auction: : 26th & 27th May 2020
•Guide Price: £47,500+
•Three-bedroom mid terraced property
•Readymade investment – Current income of £5,400 per annum
•Freehold

•EMAIL ENQUIRIES ONLY to property@johnpye.co.uk - one of our agents will call you back shortly
•For Sale By Online Auction: : 26th & 27th May 2020
•Guide Price: £47,500+
•Three-bedroom mid terraced property
•Readymade investment - Current income of £5,400 per annum
•Freehold

This three-bedroom mid terraced property includes well-presented accommodation arranged over three storeys.

The accommodation includes a spacious lounge, dining room and fitted kitchen to the ground floor. To the first floor there are two generous bedrooms and a family bathroom. Stairs from the landing give access to the second floor where a further double bedroom is located.

Externally, there is an enclosed walled courtyard to the front of the property, and an enclosed garden to the rear. The property also benefits on street parking within the vicinity.

Investment Analysis

The property is currently let at £450 pcm (£5,400 per annum), which is paid directly by Mansfield Borough Council to the landlord. This represents a current gross yield of 11.37%, based on the guide price.

Accommodation

Approx. 101 Sq. M / 1,087.15 Sq. Ft
(Measurement taken from the EPC).

Services

We understand the property has mains electricity, water and drainage. However, interested parties are advised to carry out their own enquiries.

Tenure

Freehold

Council Tax

The property is rated in Council Tax Band A. Annual council tax payable (2019/2020) is £1,309.

Guide Price

£47,500+

Buyer’s Premium

2% (min. £3,600) inc. VAT.

Viewings

Internal viewings not currently available.

Notice To Purchasers

Please note an internal inspection has not been undertaken.

Location Map

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