The Avenue, Gainsborough DN21 4 bed end of terrace house for sale

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The Avenue, Gainsborough DN21 4 bed end of terrace house for sale

The Avenue, Gainsborough DN21
£159,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 4-bedroom end of terrace house in Gainsborough is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, rear garden, ensuite, and bathroom, and is currently generating an annual gross income of £11,400 from a long-term tenant. With a market rate potential of £14,400, the new owner can increase the rental income to maximize returns. The current tenants have been paying rent consistently for several years and have no intention of moving out, making for a stable and predictable investment. With its proximity to amenities and potential for increased rental income, this property is a worthwhile addition to any investor's portfolio.