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 %
- Average area rental value
- 844.00 £/moDecreased by 6.12 %
- Est rental Yield
- 4.12 %Increased by 5.64 %
- Crime Rate
- 38.00 %Unchanged by 0.00 %
Agent Activity
Auction Estates Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| King Edward Primary School & Nursery | Community School | Requires improvement | 0.63 KM |
| Real Alternative Provision School | Other Independent Special School | Good | 0.63 KM |
| Mansfield Primary Academy | Academy Sponsor Led | Good | 0.96 KM |
| Titchfield Children'S Centre | Children's Centre | 1.16 KM | |
| St Philip Neri With St Bede Catholic Voluntary Academy | Academy Converter | Good | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Midworth | £ 0 | 0 | 0.00 KM |
| Grove Street | £ 0 | 0 | 0.00 KM |
| Market Place | £ 0 | 0 | 0.00 KM |
| Queen Street | £ 0 | 0 | 0.00 KM |
| Clumber Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Mansfield | 1727 | MFT | 0.28 KM |
| Mansfield Woodhouse | 1728 | MSW | 2.44 KM |
| Sutton Parkway | 1861 | SPK | 6.33 KM |
| Shirebrook | 1595 | SHB | 6.92 KM |
| Kirkby-In-Ashfield | 1867 | KKB | 7.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Flats 4-8 Mercia House, Albert Street, Mansfield, Nottinghamshire, NG18 1EB | £ 295,000 | BUY | 4 / 10 | 0.00 KM |
| 14 Car Parking Spaces on Clerkson Street, Mansfield, Nottinghamshire, NG18 1EB | £ 20,000 | BUY | 5 / 10 | 0.02 KM |
| 3 Parking Spaces, Clerkson Street, Mansfield, Nottinghamshire, NG18 1EB | £ 3,500 | BUY | 5 / 10 | 0.02 KM |
| Church Street, Mansfield | £ 35,000 | BUY | 5 / 10 | 0.22 KM |
| Stockwell Gate, Mansfield | £ 525,000 | BUY | Unknown | 0.26 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Albert Street | £ 76,000 | 0.02 KM |
| 1 Commercial Gate | £ 121,000 | 0.20 KM |
| 36 Church Street | £ 75,000 | 0.20 KM |
| 41 Brunts Street | £ 110,000 | 0.24 KM |
| 27 Brunts Street | £ 35,000 | 0.24 KM |