Sold with tenants in situ — rental income now, refurbishment potential later..
Freehold three-bedroom Victorian mid-terrace
A three-bedroom Victorian mid-terrace offering immediate rental income; sold freehold with tenants in situ. The property has two reception rooms, a modern kitchen, downstairs WC and a private rear garden, making it practical for continued lettings or re-letting after refurbishment. At about 1,055 sq ft, it delivers solid internal space for its footprint and sits close to Mansfield town centre, transport links and a range of amenities.
This is primarily an investor proposition. The house is gas-free and runs on LPG boiler heating, and double glazing was installed before 2002. The solid brick walls appear uninsulated and will likely need thermal improvements to meet future energy expectations — a cost to factor into any renovation plan. The small plot and modest garden require only low maintenance.
Significant local factors affect value and management: the area is very deprived with very high recorded crime levels, which can influence tenant profiles, insurance premiums and potential voids. Conversely, council tax is very cheap and nearby primary and secondary schools have predominantly Good Ofsted ratings, which supports long-term tenant demand. Overall this is a straightforward buy-to-let with scope to add value through insulation, aesthetic upgrades or reconfiguration, but investors must allow for higher management and security considerations.