For Sale2 Bedroom Terraced House in Derby Street, Mansfield, Nottinghamshire, NG18£90,000

Derby Street, Mansfield, Nottinghamshire, NG18

2 Bedroom Terraced House for sale
£90,000
Property Type
Terraced House
Bedrooms
× 2
Bathrooms
× 1
Receptions
× 2
Tenure
Freehold
Price
£90,000

Resources

Description

TWO RECEPTION ROOMS . . . GARDEN . . . IDEAL INVESTMENT OR FIRST TIME BUY. Accommodation comprising; lounge, dining room, bathroom and kitchen to the ground floor. To the first floor are two bedrooms. Outside there is a low maintenance garden at the rear. The property is well presented and benefits from double glazing and gas central heating. The property is currently tenanted at £550pcm, the tenants have been there for 10 years and if the property sells to another landlord they would love to stay and can pay £650pcm, YIELD of 8.7% based on a purchase at £90,000. The market value rent is £695pcm which is a YIELD of 9.2% based on a purchase at £90,000. Derby Street is located just off the A6191 Ratcliffe Gate, so is within walking distance of local shops, amenities, town centre and regular bus service. There are a variety of primary school and secondary school options close by. Under the terms of the estate agency act 1979 (section 21) please note that the vendor of this property is an associate of an employee of the Connells group of companies.

Derby Street, Mansfield, Nottinghamshire, NG18 on Map