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3 bed terraced house
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Price History
Our Summary
- The layout supports future rental uplift through light refurbishment or redecoration, should an investor choose to reposition the unit for increased yield
- This unit is also currently tenanted and generating income, with similar scope for future improvement to boost returns
- For investors looking for a stable income-producing asset with potential for capital appreciation, this property represents an efficient addition to any portfolio
- Cosmetic modernisation offers a clear value-add strategy, without the need for major structural work
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Description
The property is a freehold end-terrace conversion on Southwell Road East, Rainworth, Mansfield, consisting of two self-contained residential flats. Each flat has its own private access and separate metering. The ground floor flat has one bedroom, a lounge, kitchen, WC, and shower room.
The first-floor flat features two bedrooms, a living room, kitchen, and bathroom. Both flats are occupied and generating immediate rental income, with a total income of £789 per month. The property has a clear value-add strategy through cosmetic modernisation, offering stable rental yields and potential for capital appreciation.