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Mansfield Road, Nottingham NG5 1 bed flat for sale
Mansfield Road, Nottingham NG5
£40,000
Mansfield Road, Nottingham NG5
£40,000
Our Summary
- *For Sale by Auction: Second Floor, One-Bedroom Flat – 29 Mansfield Court, Mansfield Road, Nottingham NG52BW*A superb opportunity to acquire a well-positioned one-bedroom flat on the second floor of a purpose-built block in the ever-popular area of Mansfield Road, Nottingham
- This spacious residence presents an excellent investment prospect, being income-producing at £6,120 per annum (AST in place), and offering considerable potential for modernisation to add further value
- While modernisation is required throughout, there is an exciting opportunity for the next owner to update and personalise this property to their own tastes or elevate its rental appeal
- Energy efficiency is rated at C, with potential to improve further (Current: 70, Potential: 74)
- Available to purchase via auction—viewing is highly recommended to fully appreciate everything on offer
- Modernisation Required Throughout
Description
This second-floor one-bedroom flat in Mansfield Court, Nottingham, offers a unique investment opportunity with a current rental income of £6,120 per annum. The property is situated in a well-maintained block with communal grounds, secure entry, and lifts to all floors. While it requires modernisation, it presents a chance for the next owner to update and personalise the space. The flat is leasehold with allocated parking and benefits from a central location with excellent transport links, including tram stops and nearby schools. With an energy efficiency rating of C, there is potential to improve further. The property is available to purchase via auction, with a buyer's premium applying. Viewing is highly recommended to appreciate the property's full potential.