5 Bedroom HMO

Redcliffe Road, 
Mansfield, 
Nottinghamshire, 
NG18 2QN
SSTC
  • Tenanted
OUSTANDING INVESTMENT OPPORTUNITY – GENERATE ABOVE A 10% NET RETURN! Newly renovated luxury HMO with five ensuite rooms in a popular and convenient area of Mansfield.
  • Financial Performance*
Gross rent
£31,200
Lettings fees
£3,120
Net income
£21,648
Gross yield
15.6%
Net yield
10.82%
  • Key Features
  • Unmissable investment opportunity
  • Generate an incredible return above 10% NET
  • Freehold mid terraced
  • Five bedroom HMO
  • Fully furnished
  • Recently refurbished to an excellent standard
  • All rooms complete with ensuite shower room
  • Experienced agent in place
  • Great location
  • Enquire for further details and walkthrough video

CASH BUYERS PREFFERED! yieldit are pleased to bring to the market this opportunity to invest in a spectacular newly renovated HMO which is fully tenanted and can generate you an impressive 10% NET return from completion. The freehold mid-terraced property has been converted into a high-standard HMO consisting of five spacious bedrooms with ensuite shower rooms, fully furnished with beds, drawers and wardrobes. The property is finished to an impeccable standard throughout and has a luxurious communal kitchen with integrated appliances.

The property is ideally situated in the very much up-and-coming area of Mansfield, Nottinghamshire. It’s just a short 10-minute walk from Mansfield railway station which provides regular services to Nottingham and Worksop in around 30 minutes and with the M1 motorway within easy reach, it is the ideal accommodation for commuters with Nottingham city centre being just a 40-minute drive away.

Investing in property in Mansfield is a brilliant idea, The Office for National Statistics shows that in the last year alone there has been an impressive 78% increase in the average property value in the town and an ambitious scheme of regeneration worth £17million is sure to only contribute to the desirability of the area. Plans include a mixed-use town centre with more eateries, workspace, employment opportunities, and cultural, leisure and educational uses which will increase the number of visitors, boost the economy and drive up the demand for rental properties so now is the perfect opportunity to invest

  • Financial Performance *
Gross rent
£31,200
Lettings fees
£3,120
Net income
£21,648
Gross yield
15.6%
Net yield
10.82%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating