The listed price of £2,200,000 is high for the area given the size and apparent condition of the property and lack of extensive land. However, the description indicates it’s a converted supported living facility with a long-term lease, which significantly impacts value. The high rental income stream of £138,242 per annum justifies a significant investment, which makes the price more reasonable considering its investment opportunity rather than a typical residential property.

Based on the provided images, the property appears to be structurally sound and in reasonably good condition. The exterior shows a well-maintained brick facade. However, more detailed interior photos would be needed to definitively assess the property’s state of repair. Some modernisations may be present.

The property is located in Mansfield, Nottinghamshire, an area with mixed characteristics. While proximity to schools and a train station is positive, the overall desirability of the location needs further investigation. The surrounding streets show a range of property values suggesting some level of mixed socio-economic status in the area. Further research on crime rates, local amenities and general neighbourhood reputation is needed for a full assessment.

The property has a limited amount of land associated with it; mainly a small car park and what seems to be a modest yard. There is no indication of a substantial garden.