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2 bed property for sale Mansfield Road, Nottingham, NG1

Offers In Region of
£360,000

Added two days ago

Bedrooms
2
Bathrooms
3
Tenure
Ask agent
Council tax Band A £1,837 a year

Key features

  • FREEHOLD MIXED-USE INVESTMENT OPPORTUNITY
  • GROUND-FLOOR COMMERCIAL UNIT PREVIOUSLY USED AS A RESTAURANT
  • TWO SELF-CONTAINED ONE-BEDROOM APARTMENTS
  • PROMINENT POSITION FRONTING MANSFIELD ROAD
  • DOUBLE-FRONTED COMMERCIAL PREMISES
  • COMMERCIAL KITCHEN AND CUSTOMER TOILET FACILITIES
  • SUBSTANTIAL THREE-COMPARTMENT CELLAR PROVIDING EXCELLENT STORAGE
  • SEPARATE RESIDENTIAL ACCOMMODATION ARRANGED OVER TWO FLOORS
  • REAR YARD AND SEPARATE ACCESS TO THE RESIDENTIAL ACCOMMODATION
  • EXCELLENT OPPORTUNITY FOR INVESTORS OR OWNER-OCCUPIERS

About this property

A fantastic freehold mixed-use opportunity comprising a double-fronted ground-floor commercial unit, previously operated as a restaurant, together with extensive cellar storage and two self-contained one-bedroom apartments above. Occupying a prominent Mansfield Road position close to Nottingham City Centre, the property offers excellent potential for investors and owner-occupiers alike.ROBERT ELLIS ESTATE AGENTS are delighted to bring to the market this substantial and highly versatile FREEHOLD MIXED-USE PROPERTY, occupying a prominent position on Mansfield Road and comprising a GROUND-FLOOR COMMERCIAL UNIT together with TWO SELF-CONTAINED ONE-BEDROOM APARTMENTS above.

Floorplan

Council tax

Band A £1,837 a year
Per year
  • Band A
    This home: £1,837
  • Band B
    £2,143
  • Band C
    £2,449
  • Band D
    £2,755
  • Band E
    £3,368
  • Band F
    £3,980
  • Band G
    £4,592
  • Band H
    £5,511

This home is in band A, which costs £1,837 a year in Nottingham for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Nottingham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Mansfield Road, Nottingham, NG1

Mortgage and stamp duty

Property price £360,000
£180k £540k
Deposit10% £36,000
£0 £360k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £324,000 mortgage. Most lenders would want a household income of about £72,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
205a, Mansfield Road TerracedAug 2011980 sq ft £123/sq ft£120,000
207a, Mansfield Road Semi-detachedJul 20081,701 sq ft £88/sq ft£150,000
215, Mansfield Road Semi-detachedSept 20071,345 sq ft £126/sq ft£170,000
185, Mansfield Road Semi-detachedOct 2005n/a£137,500
205a, Mansfield Road Semi-detachedJun 2005980 sq ft £184/sq ft£180,000
211, Mansfield Road Semi-detachedMar 20031,259 sq ft £79/sq ft£100,000
213b, Mansfield Road TerracedApr 2002495 sq ft £242/sq ft£120,000
213b, Mansfield Road TerracedNov 1995495 sq ft £66/sq ft£32,500

All sold prices in Nottingham →

Area insights

The neighbourhood around this property.

Marketed by
Robert Ellis, Arnold
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