# 2 bedroom terraced house for rent (NG18 1TG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 40 WELBECK STREET, MANSFIELD, MANSFIELD, NOTTINGHAMSHIRE NG18 1TG |
| Price | £550 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £18,000 Mar 2001 |

## Description

Located within easy reach of Mansfield town centre is this two double bedroom mid terraced home which has recently undergone a full scheme of refurbishment to include, new gas central heating, new kitchen and bathroom, redecoration and new carpets throughout. Accommodation comprises of front living room, rear dining  room and new modern fitted kitchen. To the first floor are two double bedrooms plus spacious 3 piece bathroom suite/w.c. An early viewing is strongly advised so not to be disappointed. EPC Rating D, Small pets are considered, Ready for immediate let. BOND £630

VIEWING ACCOMPANIED WITH AGENTS

## Property Photos

- ![DSC04690.JPG](/listings/photos/111000545/442035) - DSC04690.JPG
- ![DSC04695.JPG](/listings/photos/111000545/442037) - DSC04695.JPG
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- ![DSC04722.JPG](/listings/photos/111000545/442106) - DSC04722.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/111000545/442111) - EE Rating
- ![EI Rating](/listings/photos/111000545/442114) - EI Rating

## Rental Range

*ONS Price Index of Private Rents (Mansfield). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £695/mo
- **Realistic:** £772/mo
- **Optimistic:** £849/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for North Nottingham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Maisonette, Market Place, NG18 | £850/mo | 2 | 0.37 miles | OpenRent |
| 2 Bed Flat, Naran House, NG18 | £950/mo | 2 | 0.51 miles | OpenRent |
| 2 Bed Flat, Naran House, NG18 | £1,100/mo | 2 | 0.51 miles | OpenRent |

**Average rent: £967/mo (3 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £950/mo).*

- **Gross yield:** 2072.7%
- **Monthly cashflow:** £828/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6228.2%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)