Summary - 49 CARTER LANE MANSFIELD NG18 3DQ
4 bed 2 bath Semi-Detached
Immediate rental income in a central Mansfield location for hands-on investors.
Four-bedroom HMO, all rooms currently let
Monthly rental income £1,993 (reported)
Two bathrooms; ground-floor double bedroom
Modern interior; double glazed after 2002
Freehold tenure; 1,282 sq ft total size
Very high local crime and very deprived area
Solid brick walls, assumed no cavity insulation
Small enclosed slabbed rear garden
This bay-fronted semi-detached property in Mansfield is set up as a four-bedroom HMO and currently fully let, producing a reported rental income of £1,993 PCM. The layout includes a ground-floor double bedroom, spacious lounge with dining area, fitted kitchen/utility, three first-floor bedrooms, a bathroom and a shower room, plus an enclosed slabbed rear garden. The interior is described as modern and double glazing was installed post-2002.
For an investor seeking immediate income, the house offers clear advantages: four let rooms, two bathrooms, freehold tenure and fast broadband. The property is average in overall size with a total of about 1,282 sq ft and economical council tax costs, supporting net rental returns.
There are material location and condition considerations to weigh. The area is classified as very deprived with very high local crime levels and a “constrained renters” profile; these factors may affect long-term tenant demand and capital growth. The walls are original solid brick with assumed no cavity insulation, so fabric improvements or heating costs could be relevant. The wider neighbourhood and some nearby schools have mixed Ofsted ratings.
This is a straightforward HMO investment offering immediate rent roll and refurbishment potential. Buyers should budget for targeted upkeep or upgrade works and factor local area risks into yield and exit plans before purchase.
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