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High Hazel Drive, Mansfield, Nottingham

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£1,900,000
Romans, Portfolio Investments
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Description

INVESTMENT OPPORTUNTIY - Residential portfolio located in the Mansfield, Hucknall, Fernwood, Kirkby in Ashfield and Bilsthorpe areas (Nottinghamshire)
17 properties - 3x Apartments (3x 2 bed) & 14x Houses (2x 1 bed, 6x 2 bed, 6x 3 bed)
Fully let subject to Assured Shorthold Tenancies
Total Current Passing Rent: £137,664 per annum
Estimated Rental Value (based on existing rents): £148,080 per annum
Portfolio break up value: £2,300,000
Guide Price of £1,900,000 for the Freehold/Leasehold interests, representing a 17.4% discount from full market value
A purchase at this level would reflect a gross initial yield of 7.25% (upon the Passing Rent) and 7.79% (upon the ERV)
A fully let seventeen unit residential portfolio located in Mansfield, Hucknall, Fernwood, Kirkby in Ashfield and Bilsthorpe areas (Nottinghamshire). The properties within the portfolio are a mix of both houses and apartments, with the estimated rental value of £148,080 per annum.

Portfolio break up value £2,300,000, with a guide price of £1,900,000 representing a 17.4% discount from full market value.

Further information within the data room or available upon request.

High Hazel Drive, Mansfield, Nottingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mansfield Woodhouse Station0.5 miles
  • Mansfield Station1.0 miles
  • Shirebrook Station3.3 miles
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About Romans, Portfolio Investments

Crowthorne House Nine Mile Ride, Crowthorne, RG40 3GZ

About Us – Portfolio Investment Sales by LRG

Our expert team specialises in the sale of property portfolios on behalf of private individuals, family offices, institutions, funds, lenders, and LPA receivers. In every case, we help them achieve the timely and most valuable sale of their assets - whether unbroken or part-broken blocks, multiple units under single ownership, or a mix of residential and commercial.

Selling any volume of properties is significantly different to individual disposals. There are advantages such as speed, reduced costs, streamlined processes, and stronger returns through well-planned negotiations. In any case, we understand the complexities involved and we bring a high level of expertise to every transaction.

We typically sell portfolios ranging in value from £2 million to £30 million+, including flats, houses, HMOs, hostels, and mixed-use properties.

We are part of one of the largest property groups in the UK. This means that we are able to market to LRG Group’s extensive database of active investors as well as marketing through our network of 350+ local offices. Our dedicated Investments team manages everything from valuation through to completion, taking way any stress and giving you confidence you should expect from an end-to-end service.

Whether you're looking to exit, refinance, or rebalance your portfolio, our team is here to help maximise value and take the strain so you don’t have to.

Explore our current investment opportunities at: portfolio-investments.lrg.co.uk

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Disclaimer - Property reference GLO250240. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans, Portfolio Investments. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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