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6 bedroom house of multiple occupation for sale
14 Tennyson Street, Mansfield NG18 5PN
£175,000
14 Tennyson Street, Mansfield NG18 5PN
£175,000
Our Summary
- For sale on 25 September 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 10:00
- This modern, fully licensed six-bedroom HMO presents an excellent investment opportunity with a previous annual rental income of £40,600, converting to an impressive yield of 23
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 25
Description
A modern, fully licensed six-bedroom HMO in Mansfield is up for auction, offering a lucrative investment opportunity with a previous annual rental income of £40,600 and a yield of 23.2%. The property features six fully furnished double bedrooms, each with an ensuite bathroom, as well as a fully equipped kitchen/lounge, separate WC, and shower. The property is located near local amenities, schools, and transport connections, and has a low-maintenance enclosed rear garden. The sale is being conducted by SDL Property Auctions, with a 10% deposit and 1.2% buyers fee applicable. The property is being sold under an unconditional sale type, with binding contracts of sale exchanged at the point of sale.