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

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

By Auction Estates Limited

£ 295,000

Reviews

2 out of 5 stars

Auction Estates Limited says ..

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%

Property Oracle says ..

The property consists of multiple apartments within Mercia House on Albert Street, Mansfield. It’s situated in a central location with proximity to transportation and schools. However, the condition suggests a need for renovation, which could be an opportunity for customization. The absence of land is typical for an apartment. The price appears reasonable given the location and potential for improvement.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
5
Land
1
Bedrooms
7
Bathrooms
5

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
245,556.00 £
Decreased by 11.27 %
from 276,743.00 £
Average area rental value
844.00 £/mo
Decreased by 6.12 %
from 899.00 £/mo
Est rental Yield
4.12 %
Increased by 5.64 %
from 3.90 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Auction Estates Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
King Edward Primary School & NurseryCommunity SchoolRequires improvement0.63 KM
Real Alternative Provision SchoolOther Independent Special SchoolGood0.63 KM
Mansfield Primary AcademyAcademy Sponsor LedGood0.96 KM
Titchfield Children'S CentreChildren's Centre1.16 KM
St Philip Neri With St Bede Catholic Voluntary AcademyAcademy ConverterGood1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Midworth £ 000.00 KM
Grove Street £ 000.00 KM
Market Place £ 000.00 KM
Queen Street £ 000.00 KM
Clumber Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Mansfield1727MFT0.28 KM
Mansfield Woodhouse1728MSW2.44 KM
Sutton Parkway1861SPK6.33 KM
Shirebrook1595SHB6.92 KM
Kirkby-In-Ashfield1867KKB7.88 KM

Nearby Properties

AddressPriceDistance
19 Albert Street £ 76,0000.02 KM
1 Commercial Gate £ 121,0000.20 KM
36 Church Street £ 75,0000.20 KM
41 Brunts Street £ 110,0000.24 KM
27 Brunts Street £ 35,0000.24 KM