Summary - 36 LEEMING LANE SOUTH MANSFIELD WOODHOUSE MANSFIELD NG19 9AJ
2 bed 1 bath Terraced
Two-bed terrace with tenant in situ and potential 9% yield.
Tenant in situ with expected £750pcm rental income (approx. 9% yield)
This two-bedroom mid-terraced house in Mansfield Woodhouse is offered freehold with a tenant in situ, producing an expected potential rental income of £750pcm (approx. 9% yield — indicative only). The property is a traditional early-20th-century terrace with period features, double glazing (post-2002) and a practical layout including living room, separate dining room, fitted kitchen and conservatory with rear garden access.
Internally the rooms are well-proportioned for a terrace and the house is ready for light refurbishment rather than full rebuild — hardwood features and decorative cornice remain, but walls are solid brick with no installed cavity insulation (assumed). Externally the footprint is modest with a small forecourt and a narrow rear garden, plus a small outbuilding; the house adjoins neighbouring properties and a commercial unit to the right, which affects privacy and street outlook.
For investors this is a straightforward addition to a portfolio: tenant in place, low council tax and fast local broadband make it tenant-friendly. The location benefits from nearby shops, schools (several rated Good) and transport links; however the wider area is classified as relatively deprived and local crime levels are described as high, which may affect tenant demand and management considerations.
Buyers should note material points honestly: the property likely requires cosmetic and some upgrading works (heating via mains gas boiler and radiators is in place), the solid brick walls are assumed uninsulated, and the plot and outdoor space are limited. These factors are reflected in the price and present an opportunity for value-add refurbishment or continued rental income with modest capital investment.
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