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2 Bed Flat, Single Let, Mansfield, NG18 5NY £45,000

45 Noel Street, Mansfield, Nottinghamshire, NG18 5NY - a month ago
  1. Deal Search
  2. Mansfield
  3. NG18
  4. NG18 5NY
Sold STC
Leasehold
BTL
ROI: 14%
73 m²

ValuationUndervalued

AI score: 90/100. Please verify valuations.

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Links

  • More Deals in Mansfield
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  • More Single Let Deals in Mansfield
  • More Single Let Deals in NG18

Property History

Listed for £45,000

November 10, 2025

Sold for £35,000

2014

Sold for £32,500

2010

Sold for £15,000

2001

Description

  • A TWO BEDROOMED, SECOND FLOOR FLAT IN PURPOSE BUILT DEVELOPMENT +
  • INCLUDES COMBINATION BOILER AND UPVC DOUBLE GLAZING +
  • BEING SOLD SUBJECT TO THE CURRENT TENANCY, NOTICE WILL NOT BE SERVED +
  • ENTRANCE HALL, LOUNGE AND FITTED KITCHEN +
  • TWO BEDROOMS, SHOWER ROOM AND BUILT IN STORAGE ROOM +
  • COMMUNAL GARDENS MAINTAINED AS PART OF THE SERVICE CHARGE, (WHICH IS CURRENTLY £123.28 PER MONTH) +
  • RENT INCREASE AGREED AT £525PCM, PRODUCING A GROSS RETURN OF 14% ON PURCHASE PRICE OF £45,000 +

A TWO BEDROOMED, SECOND FLOOR FLAT IN PURPOSE BUILT DEVELOPMENT. INCLUDES COMBINATION BOILER AND UPVC DOUBLE GLAZING. BEING SOLD SUBJECT TO THE CURRENT TENANCY, NOTICE WILL NOT BE SERVED. ENTRANCE HALL, LOUNGE AND FITTED KITCHEN. TWO BEDROOMS, SHOWER ROOM AND BUILT IN STORAGE ROOM. COMMUNAL GARDENS MAINTAINED AS PART OF THE SERVICE CHARGE, (WHICH IS CURRENTLY £123.28 PER MONTH). RENT INCREASE AGREED AT £525PCM, PRODUCING A GROSS RETURN OF 14% ON PURCHASE PRICE OF £45,000

Viewing: - and further information through our Mansfield office on . Alternatively, email

Directions: - From Mansfield town centre proceed along St Peters Way before turning onto Rosemary Street. After approximately 1 mile, turn left onto Ladybrook Lane and then take the second left onto Noel Street where the property can be found at the end of this road. NB, Noel Street is permit parking.

Accommodation Comprises -

The flat is approached via a communal stair well giving access to a wooden front door which leads to the

Hallway - Having vinyl flooring and a radiator, the hallway provides access to most of the rooms.

Bedroom One - 3.87m x 2.55m (12'8" x 8'4") - Laminate flooring, radiator and UPVC double glazed window

Bedroom Two - 2.92m x 2.09m (9'6" x 6'10") - Radiator, UPVC double glazed window and laminate flooring.

Shower Room - 2.56m (max) x 2.00m (max) (8'4" (max) x 6'6" (max) - Comprising a double shower with tiled walls, white W/C and sink with pedestal, radiator, built-in cupboard and tiled floor.

Lounge - 4.45m x 4.10m (14'7" x 13'5") - Vinyl flooring, radiator, 2 x UPVC double glazed windows and through to

Storage Room - 3.23m x 0.88m (10'7" x 2'10" ) - Currently used for darts but spacious enough for other uses

Kitchen - 3.72m x 2.56m (12'2" x 8'4" ) - Wall and base units, stainless steel sink and drainer, tiled splashbacks, wall mounted combi boiler, radiator, plumbing for automatic washing machine.

Outside - There are communal grounds, maintained as part of the service charge, which is currently £123.28 per month, from 1st April 2025

WE ARE ADVISED BY THE SELLER THAT THERE ARE 89 YEARS REMAINING ON THE LEASE

Council Tax Band: A (Mansfield District Council

Financial Advice - We offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

Money Laundering - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.

As With All Our Properties - we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment. MA5803/24.6.25

Agent Details

TEMPLE ESTATES, Mansfield

01623 700813

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

AI score: 90/100. Please verify calculations.

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