3 Bed Apartment For Sale

*NO ONWARD CHAIN**SOLD WITH TENANTS IN SITU* Mooved are proud to present this freehold investment asset on Southwell Road East, Rainworth, Mansfield (NG21), offering immediate dual-income returns from two self-contained residential flats, both currently let with tenants in situ. Total income £789 PCM, total yield 8.6% based on market value.

Situated in a well-established and high-demand rental location, this end-terrace property has been converted into two fully independent units and is offered as a single-title freehold sale. Each flat has its own private access and separate metering, making this an ideal opportunity for investors seeking a low-maintenance, dual-income residential asset.

The ground floor flat comprises one bedroom, a spacious lounge, kitchen, and a separate WC and shower room. Internally, the flat is in tenant-occupied condition and remains entirely functional. The layout supports future rental uplift through light refurbishment or redecoration, should an investor choose to reposition the unit for increased yield.

Accessed via a private entrance to the rear, the first-floor flat features two bedrooms, a well-proportioned living room, kitchen, and bathroom. This unit is also currently tenanted and generating income, with similar scope for future improvement to boost returns.

This asset provides two self-contained residential units on a single freehold title, each with independent access and utility meters, simplifying management and reducing overhead. Both units are occupied and generating immediate rental income, giving cashflow from day one.

The location continues to attract strong rental demand due to excellent connectivity via the A617 and proximity to Mansfield town centre, retail parks, and local amenities. The property sits on a visible and accessible corner plot, further enhancing long-term tenant retention.

For investors looking for a stable income-producing asset with potential for capital appreciation, this property represents an efficient addition to any portfolio. Cosmetic modernisation offers a clear value-add strategy, without the need for major structural work. The surrounding area supports stable rental yields and tenant demand, making this an attractive option for landlords aiming to expand or diversify.

Disclaimer –

MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER MOOVED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Section 21 - Under the terms of the Estate Agency Act 1979 (Section 21) please note that the Vendor of this property is a staff member of the Mooved Group.