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1 bed flat
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Our Summary
- BUY TO LET INVESTMENT OPPORTUNITY within Sandars Maltings one bed apartments from £59,950
- The development offers apartments starting from only £59,995 and is a rare opportunity to invest in a project offering exceptional value for money
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Description
This is a buy-to-let investment opportunity in Sandars Maltings, a converted apartment development located on the banks of the River Trent in Gainsborough. The development offers 48 apartments, with all but two units currently occupied, providing a proven tenant demand and a net yield of up to 7.2% with long-term lets or up to 10% for short-term lets. The apartments are available for purchase starting from £59,995, offering exceptional value for money.
The development is located in a vibrant market town with local amenities, schools, and road and rail links to surrounding areas. With prices in Gainsborough having risen by 22.92% over the past five years, this investment opportunity is a rare chance to capitalize on the area's growth.