3 bedroom terraced house

Elsham Walk, Gainsborough DN211SU

Size: 87 sqm

Purchase price

£80,000

Size: 87 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,400
Net income £5,400
Gross yield 6.75%
Net yield 6.75%

TENANTED INVESTMENT OPPORTUNITY WITH A 6.75% NET YIELD!! A fantastic 3-bedroom terraced house within walking distance of Gainsborough town centre with driveway parking.


This stunning property is extremely well presented throughout and comprises of a bright and spacious living room; a large fitted kitchen with plenty of storage space; a utility room, leading to the downstairs WC; 2 good sized double bedrooms with fitted wardrobes in the master bedroom; a single bedroom; and a modern bathroom with a 3-piece suite and a shower over the bath. This terraced house also boasts a garden to the front of the property and a large driveway with enough space for 2 cars as well as a garden shed to the rear of the property.

Gainsborough has lots of shops and amenities nearby with its town centre only a short walk away, offering independent and high street shops, cafes, bars, pubs and restaurants. Gainsborough is only 35 minutes away from the city of Lincoln, making this a great commuter town and enabling residents to enjoy Lincoln’s fantastic attractions including Lincoln Castle, home to one of only four surviving copies of the Magna Carta; live music and theatre venues, multiple shopping centres and lots of beautiful English countryside to explore. If this isn’t enough, residents can also be in the city of Sheffield within an hour, offering even more places to see and explore.

Gainsborough is due to benefit from £18m of investment which will improve its transport network, create more housing and rejuvenate the town centre, bringing more retail and leisure opportunities and creating more than 3,000 more jobs for the town. With these plans, Gainsborough is predicted to see an economic growth of 12% and a huge population increase within the next few years, meaning rental demand will be high in this area and house prices are set to rise.

Interested in this property? Enquire today for more information

Key features

Key features

6.75% NET yield

Key features

Tenanted for immediate income

Key features

3-bedroom terraced house

Key features

Fitted kitchen

Key features

Driveway parking

Key features

Front garden

Key features

Shops and amenities nearby

Key features

Excellent transport links

Key features

5 minute drive to Gainsborough town centre

Key features

35 minutes drive to Lincoln

Key features

Freehold

TENANTED INVESTMENT OPPORTUNITY WITH A 6.75% NET YIELD!! A fantastic 3-bedroom terraced house within walking distance of Gainsborough town centre with driveway parking. More info...

This stunning property is extremely well presented throughout and comprises of a bright and spacious living room; a large fitted kitchen with plenty of storage space; a utility room, leading to the downstairs WC; 2 good sized double bedrooms with fitted wardrobes in the master bedroom; a single bedroom; and a modern bathroom with a 3-piece suite and a shower over the bath. This terraced house also boasts a garden to the front of the property and a large driveway with enough space for 2 cars as well as a garden shed to the rear of the property.

Gainsborough has lots of shops and amenities nearby with its town centre only a short walk away, offering independent and high street shops, cafes, bars, pubs and restaurants. Gainsborough is only 35 minutes away from the city of Lincoln, making this a great commuter town and enabling residents to enjoy Lincoln’s fantastic attractions including Lincoln Castle, home to one of only four surviving copies of the Magna Carta; live music and theatre venues, multiple shopping centres and lots of beautiful English countryside to explore. If this isn’t enough, residents can also be in the city of Sheffield within an hour, offering even more places to see and explore.

Gainsborough is due to benefit from £18m of investment which will improve its transport network, create more housing and rejuvenate the town centre, bringing more retail and leisure opportunities and creating more than 3,000 more jobs for the town. With these plans, Gainsborough is predicted to see an economic growth of 12% and a huge population increase within the next few years, meaning rental demand will be high in this area and house prices are set to rise.

  • Key features
    Tick Desktop 6.75% NET yield
    Tick Desktop Tenanted for immediate income
    Tick Desktop 3-bedroom terraced house
    Tick Desktop Fitted kitchen
    Tick Desktop Driveway parking
    Tick Desktop Front garden
    Tick Desktop Shops and amenities nearby
    Tick Desktop Excellent transport links
    Tick Desktop 5 minute drive to Gainsborough town centre
    Tick Desktop 35 minutes drive to Lincoln
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,400
Net income £5,400
Gross yield 6.75%
Net yield 6.75%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.