Summary - 3 HOLDEN STREET MANSFIELD NG18 5LH
2 bed 1 bath Terraced
Income-producing 2-bed terrace with long-term tenants and refurbishment potential..
2-bedroom Victorian mid-terrace with small rear garden
Freehold property producing £6,420 gross annually (tenant in situ)
Approximate gross yield ~7.8% at £82,000 purchase price
Small overall size ~571 sq ft; simple, traditional two-storey layout
Living room in average condition; property shows typical wear and tear
Area: very deprived with very high crime — impacts demand and management
Very small plot; limited external space and expansion potential
Buyers Premium applies to secure purchase — factor into costs
This modest two-bedroom Victorian mid-terrace on Holden Street is presented primarily as an investment opportunity. Currently let to long-term tenants, it produces a gross annual income of £6,420, equating to an approximate gross yield of 7.8% at the asking price of £82,000. The property is freehold, has a small rear garden and on-street parking, and sits close to local amenities and good primary/secondary schools.
The house is small (about 571 sq ft) and shows signs of everyday wear; the living room is in average condition and the property will suit investors or developers looking for a straightforward let or a light refurbishment project. The layout is traditional Victorian terrace with two bedrooms, lounge, kitchen and bathroom — an easy-to-manage footprint for buy-to-let portfolios.
Buyers should note material considerations: the area is classified as very deprived with a very high crime rating, and the plot is very small. The sale includes a Buyers Premium to secure the purchase. These factors will influence tenant demand, management costs and potential rental growth.
For investors seeking an income-producing addition with immediate occupancy, this property offers a reliable rent roll and simple layout. For those considering capital uplift, modest refurbishment could improve appeal, but take local area challenges into account when assessing long-term returns.
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