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25a & 25b, Pelham Street, Mansfield, NG18 2EY

Terraced property offering excellent investment potential, currently split into two flats
Location: 25a & 25b Pelham Street, Mansfield, NG18 2EY
Property type: House, Residential
Tenure type: For Sale Leasehold
Tenancy type: Vacant
** UNSOLD – AVAILABLE AT £50,000 **

Terraced property offering excellent investment potential, currently split into two flats

Property Description
DRAFT DETAILS Excellent investment opportunity to acquire a traditional terraced property divided into two self-contained flats, (one currently let at £325 per calendar month (£3900 per annum) with a potential rental income of £7800 per annum when fully let. The flat on the ground floor (25A) was not inspected but we are led to believe this consists of a lounge, bedroom, kitchen, rear lobby and bathroom. The flat on the first floor (25B) was inspected and it comprises of a top floor flat with lounge, passage, bedroom and bathroom. The property is situated close to local amenities and within easy reach of Mansfield town centre. Viewing advised. The accommodation comprises:

Ground Floor:
Flat (25A)
Not inspected, but currently let at £325 per calendar month). We believe the flat comprises of:

Lounge
Bedroom
Kitchen
Rear Lobby
Bathroom
25B (Top Floor Flat):
Accessed from side passageway.

Lounge
12ft 1 x 11ft 7
With radiator, upvc double glazed window to front aspect.

Passaged Hallway
Bedroom
11ft 8 x 8ft 8
With radiator, upvc double glazed window to rear aspect.

Bathroom
Comprising panelled bath, pedestal wash hand basin, low flush wc, obscure upvc double glazed windowl

Kitchen
9ft 9 x 7ft 4
With twin wall mounted unit, twin base unit, single drainer sink unit, radiator, roll edge working surfaces, upvc double glazed window to side.

Outside
There is a small communal rear yard.

Tenure
Part let/part vacant.
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