The subject property is located 1.5 miles northwest of Mansfield town centre on Balmoral Road just off Chesterfield Road South which links Mansfield to the M1 Motorway.
Mansfield offers a range of local & national retailers along with plentiful bars and restaurants. The train station is within walking distance from the subject property.
The subject property is a first floor new build apartment of traditional brick construction with tiled roof.
This first floor apartment comprises an entrance stairwell from the front door, leading to the hallway which benefits from a radiator. To the right of the hallway is the newly fitted kitchen. The kitchen benefits from base and eye level beech units, Lamona stainless steel oven, hob & extractor, stainless steel sink unit, Lamona integrated dishwasher and space for washing machine. In addition, there is a Heatline Monza 24 Combination boiler. The kitchen leads to a large lounge which has a double glazed window with front aspect and a double radiator.
Along the hallway there are two double bedrooms, each with double glazed windows to the front aspect and double radiators. The large bathroom comprises of a white four piece suite, with Triton Agio electric shower, ceramic tiled flooring and a chrome towel radiator.
Kitchen Dining Room: 6.17m x 3.12m (max.)
Living Room: 6.17m x 3.17m (max.)Bedroom 1: 6.19m x 3.15m (max.)
Bedroom 2: 3.11m x 2.71m (max.)
Bathroom: 4.56m x 2.38m (max)
We understand the property has mains gas, electricity, water and drainage.
The anticipated rental income is £550 per calendar month (£6,600 per annum) reflecting a yield of 8.05%.
The property is rated in Council Tax Band A (TBC). Council Tax payable (2015/16) is £1,116.47 (TBC)
No VAT will be payable on the purchase price of the property.
Viewing by Appointment
To view this property, please contact John Pye Property – email@example.com – 0115 970 6060
1a Balmoral Drive
✓ New build property
✓ Rental Income £6,600 pa
✓ Fully fitted kitchen with integrated appliances
✓ Combination Boiler
✓ Excellent transport links
✓ Large Lounge
✓ Off road parking for 2 vehicles
✓ Quiet location
✓ Close to town centre
✓ Close to all amenities
Richard Reed, RICS
Phone: 0115 970 6060
Our reference PR026