Summary -
21 Day Street,Warsop,MANSFIELD,NG20 0NG
NG20 0NG
3 bed 2 bath Terraced
Let property with immediate income and scope for yield improvement, suited to investors..
- Freehold three-bedroom terraced house, circa 850 sq ft
- Current gross annual rent £8,400; long-term tenants in situ
- Approximate gross yield ~8.7% at asking price £97,000
- Two bathrooms, lounge, kitchen and sun room
- Small plot, limited outdoor space and on-street parking only
- Area: very deprived with above-average crime statistics
- Excellent mobile signal and fast broadband available
- Buyers Premium applies to secure purchase
A straightforward investment in NG20: a freehold three-bedroom terraced house currently let and producing an annual gross income of £8,400. The property extends to approximately 850 sq ft and includes two bathrooms, a lounge, kitchen and a sun room — practical accommodation for long-term tenants. Broadband and mobile signal are strong, supporting tenant demand.
The house sits on a small plot with on-street parking only and a modest street-facing aspect. It is located in a very deprived, blue-collar terrace area with above-average crime statistics; these factors suppress capital values but can support higher rental yields. The current tenants have remained in situ for several years and pay regularly, so the purchase offers immediate income with minimal void risk.
This is a clear buy-to-let or portfolio acquisition for investors and developers comfortable operating in challenging markets. There is potential to increase income through modest refurbishment or management improvements, but buyers should factor in area-specific demand, maintenance, and any planned refurb costs.
Material negatives: the property sits in a deprived area with above-average crime, has a small plot and on-street parking only, and a Buyers Premium will apply to secure the sale. These are important considerations for financing, insurance and tenant management.
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