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£600,000

Mansfield Road, Baldock, SG7

Bedrooms
5
Bathrooms
2

Key Features

  • Investment and development opportunity
  • Scope for four properties
  • Two existing three bedroom houses
  • Existing workshop
  • Scope to add two bedroom, two bathroom apartments
  • Two garages and two parking spaces
  • Existing rental income £42,000; a yield of 7% yearly
  • Potential rental income £72,000, a GDV of £1,150,000 and a 9% yield
  • EPC rating D. Awaiting council tax band

Description

Investment and development opportunity in the Heart of Old Baldock Town, just off the majestic wide Georgian High Street. The building is approximately 4500 square feet and comprises of two very large three bedroom houses, a workshop, two garages and two parking spaces. The workshop has the potential to convert into two, two bedroom, two bathroom apartments. The existing property would generate a rental income of circa £42,000 or a yield of 7%. By converting the 1600 square foot workshop, at a cost of approximately £200,000, the rental income would increase to circa £72,000 per year or a yield of 9%. The Gross Developed Value of the four properties would be circa £1,150,000.

Agents Note:

Draft details yet to be approved by the vendor and may be subject to change.

Anti-Money Laundering (AML)

It is a legal requirement that all purchasers comply with Anti-Money Laundering regulations. As such, once a purchase has been agreed subject to contract, the purchaser/s will be required to undertake an AML check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant/s.

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-04-24

Energy Performance Certificate

Energy Efficiency Rating

Very energy efficient - lower running costs
CurrentPotential
(92+)A
(81-91)B
(69-80)C
(55-68)D
(39-54)E
(21-38)F
(1-20)G
56 D
82 B

Based on UK Energy Performance Certificate standards (EU Directive 2002/91/EC)

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
Parking Available
Garden
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Contact Satchells Estate Agents, Baldock

8 High Street, Baldock, SG7 6AR

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