• Immediate ‘exchange of contracts’ available +
• Being sold via ‘Secure Sale’ +
• IDEAL INVESTMENT +
• TWO BEDROOM +
• GENEROUS REAR GARDEN +
• RENT : £560 PCM +
• NO ONWARD CHAIN +
• TENANT IN SITU +
• END-TERRACE +
• CUL-DE-SAC LOCATION +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £66,000

Situated in a desirable cul-de-sac location in Gainsborough, Lincolnshire, this end-terrace house presents an excellent opportunity for both investors and home buyers. The property features two well-proportioned bedrooms and one bathroom, complemented by a comfortable public room that offers a practical space for relaxation or entertaining. Its freehold tenure provides stability and peace of mind for prospective buyers. The accommodation benefits from efficient gas central heating, promoting comfort throughout the year.

The residence boasts a generous private rear garden, offering ample outdoor space for leisure and potential for personalisation. The property is set back from the street and benefits from accessible street parking. With no onward chain, this house represents a straightforward and prompt opportunity for purchase. Currently, a tenant is in situ, with a rental income of £560 per calendar month, offering an attractive potential yield of 10.1%, making this an appealing proposition for investors. Viewings are available by appointment.

Local area

Gainsborough is a historic market town in Lincolnshire, offering a blend of local amenities, schooling options, and transport links. The location benefits from proximity to shopping facilities, leisure centres, and picturesque countryside, making it a convenient base for a range of lifestyles. The wider area provides access to regional road networks, ensuring straightforward travel to neighbouring towns and beyond.

EPC rating: C. Tenure: Freehold,
Kitchen

3.12m x 2.91m (10'3" x 9'7")
Fitted kitchen comprising of wall and base units, stainless steel sink with drainer and mixer tap, space for white goods, radiator, window to front aspect and serving hatch to lounge.

Lounge
4.53m x 3.2m (14'10" x 10'6")
Tile flooring, two radiators, service hatch to kitchen, window to rear aspect and door to utility area.

Utility area
1.28m x 3.04m (4'2" x 10'0")
Tile flooring, radiator, window, side aspect, and rear garden.

First floor accommodation