5 bedroom house of multiple occupation for sale

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5 bedroom house of multiple occupation for sale

Nursery Street, Mansfield NG18 2AG
£240,000

Our Summary

  • CASH BUYERS PREFFERED
  • Unmissable investment opportunity

Description

This newly renovated HMO in Mansfield, Nottinghamshire, is a lucrative investment opportunity, generating a 9% NET return from completion. The freehold property boasts five spacious bedrooms with ensuite shower rooms, fully furnished with beds, drawers, and wardrobes, as well as a luxurious communal kitchen with integrated appliances. Situated just a 10-minute walk from Mansfield railway station, the property is ideal for commuters, with Nottingham city centre just a 40-minute drive away. The area is undergoing regeneration, with plans for a mixed-use town centre, which is expected to boost the economy and drive up demand for rental properties. The property is fully tenanted and comes with full management in place, making it an attractive option for cash buyers or investors seeking a hassle-free investment.
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