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Forest Town, Mansfield NG19 1 bed house for sale
Forest Town, Mansfield NG19
£1,300,000
Forest Town, Mansfield NG19
£1,300,000
Our Summary
- We are able to provide evidence of a pre planning application submitted by the current owners for conversion to holiday cottages which was positively received
- There is further scope to increase the income by letting the 1 bed flat, the office suite, and various areas within the 12 acres of land
Description
Warren Farm Stables is a unique property located near Forest Town, Mansfield, Nottinghamshire, comprising a Grade II listed stone barn, commercial buildings, and equestrian facilities. The barn has extant planning consent to convert into two further residential dwellings, with one already completed and occupied by the current owners. The property also features a large former agricultural building, a workshop, and a barn, which could be let out to create an additional income stream. The equestrian facilities include stabling for over 27 horses, a canteen area, tack room, and a quest flat, as well as a flood-lit manège. The property also extends to circa 12.6 acres of land, divided into grazing paddocks and a large hay meadow, with its own access onto a public bridleway. The property has significant potential for rental income, with estimates suggesting industrial and storage spaces could generate £95,200 per annum, and stables could generate £64,800 per annum. There is also scope to increase income by letting additional areas, including a 1-bed flat, office suite, and land.