3 bedroom Terraced House in Mansfield

69 North Avenue, Rainworth, Mansfield NG21 0JB
  • Lot No: 48
  • Property Type: Terraced House
  • Contract Type: Split fee

Guide Price* £95,000+ plus fees

Property Description

This mid-terrace property featuring three bedrooms presents an excellent investment opportunity, boasting generous room sizes, a separate utility area, a downstairs WC, and additional storage under the stairs. While it requires some cosmetic improvements, it has the potential to generate an estimated rental income of £875.00 per month, resulting in a yield of 11% based on the current guide price. The layout includes an entrance leading to a dining area, a lounge with feature fireplace, a fitted kitchen with a separate utility space, a downstairs WC, and an understairs storage cupboard. On the first floor, there are two double bedrooms, one single bedroom, and a family bathroom equipped with a white three-piece suite and a separate corner shower. The front of the property is designed for low maintenance, while the rear features an enclosed garden complete with a patio area. Rainworth is located approximately 3 miles south of Mansfield town centre, making it an ideal choice for commuters who work in Mansfield but prefer a village atmosphere. The village is well-served by the A617 road, which connects Mansfield to Newark-on-Trent. Over the years, Rainworth has evolved from its mining roots into a sought-after residential community, offering a range of amenities such as shops, schools, and recreational facilities. Construction - Solid brick Coverage - O2, EE, Three and Vodafone Satellite and Cable TV - BT, Sky and Virgin Broadband - Standard, Superfast and Ultrafast

Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold