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Grove Street, Boston, Lincolnshire, PE21 6TL

PROPERTY TYPE

Detached

BEDROOMS

4

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Two semi detached freehold properties
  • Tenants in situ
  • Off road parking
  • Flexible accommodation
  • Traditional character
  • Enclosed rear gardens
  • Established residential area
  • Good access to local amenities and transport links

Description

yieldit are pleased to offer to the market this excellent investment opportunity comprising a pair of semi-detached houses, each benefiting from off-road parking and private enclosed gardens. Offered together as a single investment, the properties are being sold with tenants in situ, generating an attractive rental yield of approximately 8.73% and providing immediate rental income from completion.

Each property offers well-proportioned accommodation comprising a spacious lounge, modern fitted kitchen with dining area, two bedrooms and a family bathroom. Externally, both properties benefit from private enclosed rear gardens and driveways providing off-road parking, enhancing their appeal to long-term tenants.

Situated within a well-established residential area of Boston, the properties enjoy convenient access to local amenities, schools and transport links. Boston town centre is within easy reach, offering a variety of shops, supermarkets, cafés and leisure facilities. Excellent road and rail connections provide access across Lincolnshire and beyond, while the area continues to benefit from strong community appeal.

From an investment perspective, the properties are located in an area with ongoing regeneration and infrastructure improvements, supporting long-term growth potential. Boston continues to benefit from investment aimed at improving housing stock, enhancing the town centre and creating employment opportunities. Combined with consistent rental demand, this presents an attractive opportunity for investors seeking strong income alongside future capital appreciation.

Please note the properties are held under separate title numbers but are being offered for sale together. Prospective purchasers should make their own enquiries regarding any selective licensing requirements with the relevant local authority.

Please note, lettings and management charges may apply, and figures are representative of the properties being self-managed.

Financial Breakdown

Gross Rent: £17,460.00
Net income: £17,460.00
Gross yield: 8.73%
Net yield: 8.73%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08537
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Grove Street, Boston, Lincolnshire, PE21 6TL

Approximate location

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Affordability

Monthly repayments£1,003
Property: £ 200,000
Deposit: £ 20,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-08537. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.