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

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.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.