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Sold STC
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Sold STC

£115,000

4 Bedroom Terraced House Sold STC

Trinity Street, Gainsborough DN21 1JD

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Key Features

  • Investors - Look At This
  • Very Popular Location
  • Close to Excellent Local Shops
  • Close to Excellent Local Transport Links
  • Call NOW 24/7 or book instantly online to View
  • FREE Mortgage Advice Available
  • Superb HMO Potential - 5 Bed
  • Portfolio Investment Opportunity
  • Other Investments Available
  • Would Make a Wonderful Family Home

Description

Welcome to this exceptional investment opportunity in the heart of Gainsborough, on the edges of rural Lincolnshire. This delightful 4-bedroom terraced house is a perfect addition to your property portfolio. A perfect 5-bed HMO opportunity offering £32500 p/annum in rental returns.

This property (freehold) presents a rare chance for a lucrative investment with your long-term plans taken care off. Few areas beat the yields that Gainsborough has to offer, a haven for the discerning investor. Part of a larger portfolio of property in the area, this would make a wonderful start to your investment journey.


Property Highlights: Prime Location: A plot of 0.03 acres, situated in the vibrant market town of Gainsborough, Lincolnshire. The property enjoys easy access to essential amenities, schools, parks, and, transport links and local restaurants. A highly popular neighbourhood for investors and start-ups. Attractive Rental Income: The current tenants, who have cherished this home for over a decade, have maintained it well, ensuring a reliable rental income stream for the discerning investor. A scheme of modernisation in the essential areas would tip income further northwards. HMO Potential: Given its spacious layout and the demand for shared accommodation in the area, the property represents an exciting possibility for an HMO conversion, which could significantly boost your returns over time. Sympathetic Refurbishment: Although the property has been impeccably maintained, a small and straightforward refurbishment could add even more value to this already attractive investment. Accommodation: The house boasts a well-organized and versatile floor plan, featuring four generously sized bedrooms. The spacious living areas offer ample room for relaxation and entertainment, catering to the needs of potential tenants. The second downstairs room would comfortably repurpose as a large 5th bedroom to truly maximise your returns. Location: Gainsborough's popularity as a residential hub continues to grow due to its excellent commuter links, beautiful green spaces, and vibrant local community. The property is ideally situated, being just a short distance away from the town centre, ensuring tenants have access to all necessary amenities and services. Investment Summary: Current Rental Yield: £8,400 P/A Potential HMO Conversion Sympathetic Refurbishment Opportunity This property offers a rare combination of a proven rental income, potential for future growth, and a highly sought-after location. Don't miss this golden opportunity to add a profitable asset to your investment portfolio. Act quickly to secure this excellent property in Gainsborough, Lincolnshire. For further details or to arrange a viewing, please contact us today. This investment gem won't stay on the market for long!





Additional Information:


  • Fully Tenanted


  • Future HMO Opportunity - 5 Bed


  • Central Gainsborough Location


  • Superb Investment Opportunity for ALL


  • Large Kitchen & Living Space


  • Council Tax:



    Band A


  • Summary

    Additional Information:

    • Council Tax: Band A