89 Union Street, Mansfield, Nottinghamshire NG18 1RW

A 2 bedroom terraced property located within a highly desirable and sought after residential location, and being a short walk to the centre of town.

A great investment opportunity with the potential to generate a handsome and impressive yearly rental income of between £9k - £10k.

The property also has development potential to be converted to a 3 bedroom property and benefitting from an increase of the potential rental income.

In brief the property consists of a lounge, dining room, kitchen with store/utility (potential extension for D/S bathroom STPP) 2 double bedrooms and upstairs bathroom.

Viewings are available as is a walkthrough video with commentary accessed by clicking on the virtual tour.

The property is within the town centre area and as a result benefits from being close to a wide range of local amenities, shops, cafes as well as providing good job prospects for any tenant.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.