Five Bedroom Hmo - Stella Street, Mansfield, NG18

Five Bedrooms ALL En-Suite Fully Occupied Fully Refurbished in 2024 Gross Income ?33,240 Great Condition Throughout Popular Location Close to Local Amenities Communal Kitchen

Room 1 - ?625.00 PCM
Room 2 - ?550.00 PCM
Room 3 - ?550.00 PCM
Room 4 - ?495.00 PCM
Room 5 - ?550.00 PCM

Nestled in the bustling heart of Mansfield, Nottingham, resides an exceptional investment opportunity at Stella Street, NG18 4AN. This fully renovated five-bedroom house, modernised to impeccable standards in 2024, offers a seamless blend of luxury and functionality, tailored for the astute investor.

Each of the five en-suite bedrooms is thoughtfully furnished with personal kitchenettes, catering to the modern tenant's desire for privacy and convenience. The property, currently fully rented, stands as a testament to its desirability, ensuring immediate cash flow for the new owner.

This house is a true turnkey solution for investors seeking to capitalise on the robust rental market. The inclusion of a communal kitchen and garden area affords residents with spaces to socialise and relax, further enhancing the property's appeal and fostering a sense of community.

Strategically situated in a popular locale, this investment property is within easy reach of local amenities, adding to its allure for potential tenants. Such a prime position ensures sustained demand and contributes to the property's robust 9% yield, an impressive figure that surpasses the average return in today's market.

Whether you're expanding your portfolio or looking to enter the property investment arena, this five-bedroom HMO is a proposition that promises both high returns and long-term growth. Don't miss out on the chance to own a slice of Mansfield's real estate market, with a property that epitomises convenience, quality, and profitability.

Entrance Hallway

Bedroom One + En-suite

Bedroom Two + En-suite

Bedroom Three + En-suite

Communal Kitchen

First Floor Landing

Bedroom Four + En-suite

Bedroom Five + En-suite

Communal Garden

Photos

Please note that these photos were taken following a full refurbishement. Externally the property has been upgraded with new fencing, painted walls and patio cleaning.

Agents Disclaimer

Disclaimer - Council Tax Band Rating - Mansfield Council Tax Band AThis information was obtained through the directgov website. Johnsons and Partners offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.The vendor has advised the following:Property Tenure is Freehold Agents Disclaimer: Johnsons and Partners, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Johnsons and Partners have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. Johnsons and Partners require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to Johnsons and Partners removing a property from the market and instructing solicitors for your purchase.Third Party Referral Arrangements Johnsons and Partners have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.