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Property for sale
Lea Road, Gainsborough, Lincolnshire, DN21 1LL
£185,000
Lea Road, Gainsborough, Lincolnshire, DN21 1LL
£185,000
Our Summary
- * We are pleased to offer to auction this end of terraced former house converted to a six bedroom HMO with accommodation across three floors including rooms to the loft space
- Potential to increase these all to approx
Description
This former house, now converted into a six-bedroom HMO, is being sold via online bidding with terms and conditions applying. The property is located on the A156 Lea Road, on the edge of Gainsborough, approximately 15 miles north of Lincoln city centre. The property has accommodation across three floors, including rooms in the loft space, and currently generates a total gross rent of £29,640 per annum, with potential to increase the rents to around £31,200-£32,760 per annum. The seller has not inspected the property, and potential buyers should be aware of this when making an offer.