Summary - 216 Victoria Street , Mansfield, Nottinghamshire NG18 5SA
2 bed 1 bath Terraced
Large period terrace with tenant in situ — auction sale, refurbishment required.
Two double bedrooms with period features and high ceilings
A two-bedroom Victorian terraced property offered with a tenant in situ, making it suitable for investors seeking immediate rental income. The current tenancy pays £700 pcm and is contracted until 7 February 2026. The house is large internally (approx. 1,686 sq ft listed) with traditional high ceilings, bay window and period features that offer refurbishment potential.
The accommodation includes lounge, separate dining room, kitchen, bathroom and two double bedrooms. There is a small rear forecourt garden with an outhouse. Heating is mains gas with boiler and radiators; windows are double glazed (installation date unknown). Solid brick walls are believed to be uninsulated and the property will need modernization in areas to improve energy efficiency and comfort.
Material considerations: the property is sold via Modern Auction with a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and associated purchaser costs; buyers should review the Buyer Information Pack prior to bidding. EPC rating E, council tax Band A, and the immediate area records high crime and very high deprivation, which will affect resale and longer-term rental prospects.
This home is a practical income asset for investors comfortable with auction purchase terms and a refurbishment programme. It could also suit a buyer who wants period character to restore, but be prepared for upgrade works and to factor in repair, insulation and energy-efficiency improvements.
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