Our Summary

• A standout opportunity for investors and developers
• The property offers huge potential for refurbishment, reconfiguration, enhanced parking or future development (STPP)
• • Freehold block providing full control of the building and land• Nine apartments comprising a mix of one bedroom and two bedroom units• Large rear plot ideal for parking, storage, garden areas or further development (subject to planning)• Significant value-add potential through refurbishment• Strong local rental demand with scope for attractive returns• Quiet residential setting with convenient access to Newark, Mansfield and the A614
• The apartments require renovation, giving buyers a chance to modernise, increase rental returns or reposition the block entirely
• The sizeable plot behind the building provides clear scope for expanded parking or additional structures, subject to planning
• Using these estimates, the block has the potential to generate around £57,000 per year, giving an approximate 10
• For Sale by Modern Auction – T & C’s apply, subject to reserve price, buyers fees apply
• Large rear plot offering parking, outside space or potential future development (STPP)