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Flats 4-8 Mercia House, Albert Street, Mansfield, Nottinghamshire, NG18 1EB

Flats 4-8 Mercia House, Albert Street, Mansfield, Nottinghamshire, NG18 1EB

£295,000
Residential
About this Property
2025-12-11
295000
Traditional
Residential
Description

An opportunity to acquire a block of 5 apartments (3 x one-bedroom and 2 x two-bedroom), situated in the heart of Mansfield town centre. Total Current Rent Reserved of £39,120 pa reflecting a net initial yield of 13.3% A block of 5 apartments Prime location in the heart of Mansfield town centre Prominent frontage onto Albert Street Close proximity to St Peter’s Retail Park Nearby occupiers: Greggs, Costa, Next, Boots & Travelodge Walking distance to Mansfield Train Station & Bus Station Convenient access to major routes: A60, A38 & A6191 Comprising 2 x two bedroom units & 3 x one bedroom units Total Current Rent Reserved of £39,120 pa All the AST's are holding over, providing scope to increase rent An excellent asset management or investment opportunity# Ideal opportunity for investors Providing a net yield at the guide price of 13.3% Red line is for illustration purposes only, refer to Title Plan (in Legal Pack) Viewings Contact Auction Estates on 0115 7844 600

Location
Flats 4-8 Mercia House, Albert Street, Mansfield, Nottinghamshire, NG18 1EB
More Information
Freehold
Clerkson Street
Planing Authority
Mansfield LPA

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