1 bed flat for sale

St Crispens Court, Stockwell Gate, Mansfield NG18

Investment Oppportunity

Monthly rent: £550
Annual rent: £6,600
Purchase price: £60,000

Gross yield = 11% per annum

An exceptional opportunity to acquire a well-positioned, income-generating one-bedroom apartment in a highly sought-after town centre location.

This modern apartment is being sold with a tenant in situ, offering investors immediate and reliable income from day one. The current tenant is secured on a 12-month tenancy agreement and has an established track record of consistent, on-time rental payments, providing reassurance and stability for the incoming owner.

Positioned within a contemporary residential block, the property benefits from strong and ongoing rental demand, driven by its prime central setting and excellent transport links - making it an enduringly popular choice for tenants.

At a purchase price of £60,000 and generating £550 per calendar month, the property delivers an attractive 11% gross annual yield, presenting a compelling addition to any investment portfolio.

Cash buyers only

A rare opportunity to secure a high-yielding, low-entry investment in a consistently popular rental location.