1/8
£150,000
3 beds · 1 bath · 961 sq ft
Pollard Drive, Mansfield, Nottinghamshire, NG18
0.07 miles
away
Freehold
Added on 31/08/2026 
1/6
1/6
£8,000,000
Offers Over 60 bed flat for sale Clock Tower Apartments, Rock Valley, Mansfield, Nottinghamshire, NG18 2HT
60
beds 50
baths Block of Flats
Tenure: ask agent
Added yesterday
About this property
CLOCK TOWER APARTMENTS ROCK VALLEY, MANSFIELD WHOLE-BLOCK RESIDENTIAL INVESTMENT OPPORTUNITY – 50 APARTMENTS An opportunity to acquire the proposed Clock Tower Apartments, a substantial 50-apartment residential development within the established Rock Valley scheme in Mansfield. The development has been designed around the site's distinctive retained Clock Tower and comprises a mix of 40 one-bedroom and 10 two-bedroom self-contained apartments, arranged over ground and four upper floors. The proposed accommodation extends to approximately 2,390 m² / 25,726 sq ft of apartment floor area, together with communal circulation, lift access, external amenity areas, cycle storage and 42 proposed car-parking spaces.
Key features
- Whole-block 50-apartment investment opportunity
- 40 one-bedroom & 10 two-bedroom apartments
- 42 proposed car-parking spaces
- Indicative furnished ERV of approximately £566,400 per annum
- Indicative gross yield of approximately 6.7%
- £8.5m whole-block price – approximately £170,000 per apartment
- Freehold
- Forward purchase / forward funding / completed turnkey structures considered
- Target completion January 2029, subject to planning and construction programme
- Whole-block acquisition
Floorplan
Location
Clock Tower Apartments, Rock Valley, Mansfield, Nottinghamshire, NG18 2HT
- Council tax
- Band D (Approx £2,600/year)The agent has not stated the band, so band D is shown as the local reference: Mansfield's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £8,000,000
£4m £12m
Deposit10% £800,000
£0 £8m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £7,200,000 mortgage. Most lenders would want a household income of about £1,600,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in NG18 2HT. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 9, Cliff Street Terraced | Terraced | Sept 2025 | 786 sq ft £127/sq ft | 786 sq ft | £127 | £100,000 |
| 13, Cliff Street Terraced | Terraced | Dec 2022 | 710 sq ft £162/sq ft | 710 sq ft | £162 | £115,000 |
| 16, Cliff Street Terraced | Terraced | Nov 2016 | — | — | — | £85,000 |
| 11, Cliff Street Terraced | Terraced | Feb 2016 | 775 sq ft £99/sq ft | 775 sq ft | £99 | £77,000 |
| 5, Cliff Street Terraced | Terraced | Oct 2011 | 710 sq ft £91/sq ft | 710 sq ft | £91 | £64,500 |
| 13, Cliff Street Terraced | Terraced | Apr 2005 | 710 sq ft £104/sq ft | 710 sq ft | £104 | £73,950 |
| 12, Cliff Street Terraced | Terraced | Nov 2002 | — | — | — | £15,000 |
| 5, Cliff Street Terraced | Terraced | Apr 2000 | 710 sq ft | 710 sq ft | — | £24,000 |
Area insights
The neighbourhood around this property.
