ADDRESS19 Darwin Street, Gainsborough, Lincolnshire, DN21 1DL
TYPEHouse, Mixed Use, Other, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON10th August 2021
The Property Advantage is pleased to present this 4 bedroom, 2 bathroom HMO in Gainsborough. This is a Victorian terraced property, it has had a back to brick refurbishment, which was completed in July 2021 by a very experienced developer. Hence, the property has been finished to a high standard and has already been fully tenanted until 09/01/2022. The Gross Income is £20,019.72 per annum and the Gross Yield is 12.9%.
Situated on a quiet residential street in Gainsborough. Gainsborough is home to numerous large construction companies and another huge employer in the area is Amazon with a local site nearby. The property is ideally located for tenants, it is close by to local amenities, with the local Aldi store within 0.2 miles (5-minute walk). Transport links are also easily accessible and Gainsborough Lea Road train station is 0.3 miles away (7-minute walk).