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1 bed flat
Birkland Street, Mansfield, Nottinghamshire
Auction
£40,000
Next Steps
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Our Summary
- For sale by online auction
- Scope to add value
- Excellent opportunity to acquire a vacant ground floor one bedroom flat in Mansfield, offering clear appeal to investors, first-time buyers and owner-occupiers seeking an affordable property with potential
- Previously let and now requiring some refurbishment, the property provides buyers with the chance to improve and personalise the accommodation
- With a remaining lease term of approximately 103 years, vacant possession and clear scope for improvement, this property offers a strong combination of affordability, rental potential and future value enhancement
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Description
The property is a one-bedroom ground floor flat located in Birkland Street, Mansfield. It is vacant and contains practical living space suitable for the local rental market. The flat is in need of some refurbishment and once upgraded could potentially produce an estimated rental value of approximately £525 PCM. It has a remaining lease term of around 103 years.