Summary - 193 VICTORIA STREET MANSFIELD NG18 5SA
3 bed 1 bath Terraced
Immediate rental income with refurbishment potential for capital uplift.
Three bedrooms and separate lounge and dining room layout
A three-bedroom Victorian mid-terrace offered with a tenant in situ, presenting an immediate income stream and clear refurbishment upside. The property occupies a small urban plot close to local shops, schools and transport links, and currently returns £605pcm with scope to reach the stated market rent of around £700pcm.
Sold via the Modern Method of Auction, this freehold requires completion within the reservation period and the buyer will need to budget for the non-refundable reservation fee and purchasing formalities. The house has original solid-brick construction, double glazing and gas central heating but finishes are dated and will need updating to maximise value and efficiency.
Practical drawbacks are factual: the area records very high crime and very high deprivation, the EPC is D, walls are likely uninsulated, and the exterior and some interiors require modernization. The tenant and auction sale route suit investors seeking a let property to hold or refurbish for capital growth after improving energy performance and décor.
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