Gordon Street, Gainsborough, DN21

CURRENT RENTAL OF £575 PCM / POTENTIAL YIELD OF 8.1% 

This well-presented semi-detached house offers a practical and appealing residence for those seeking a reliable investment opportunity in Gainsborough, Lincolnshire. Currently achieving a rental income of £575 per calendar month, this property demonstrates a potential yield of 8.1%, making it an ideal prospect for investors. The house benefits from a tenant in situ and is offered with no onward chain, streamlining the acquisition process for prospective buyers.

LOUNGE

3.76m x 3.19m

Fitted carpet, radiator, window to the front aspect and door to the dining room.

DINING ROOM

3.65m x 3.62m

Fitted carpet, radiator, under-stairs storage, window to rear aspect and door to kitchen.

KITCHEN

2.85m x 1.88m

Fitted kitchen comprising wall and base units, stainless steel sink with drainer and mixer tap, vinyl flooring, window to side aspect, door to rear garden and bathroom.

BATHROOM

1.72m x 2.58m

Fitted three-piece suite comprising: bath, hand wash basin, WC and window to the side aspect.

BEDROOM ONE

3.76m x 3.66m

Fitted carpet, radiator and window top front aspect.

ATTIC ROOM

3.68m x 3.51m

Fitted carpet, radiator and Velux window to the front aspect.

EXTERNAL

At the front of the property is a low-maintenance buffer garden with access to the front door.

To the rear of the property is a low-maintenance garden with rear gated access.

TENURE

The tenure of this property is Freehold.

LOCAL AUTHORITY

This property falls within the geographical area of West Lindsey Council - .
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VIEWINGS

By appointment with the Sole Agent Lovelle Estate Agency, telephone .
We recommend that, prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who has seen the property in order that you do not make a wasted journey.

HOW TO MAKE AN OFFER

If you are interested in this property then it is important that you contact us at your earliest convenience. We will require certain pieces of personal information from you in order to provide a professional service to you and our client. The personal information you have provided to us may be shared with our client, the seller, but it will not be shared with any other third parties without your consent other than stated reasons detailed within our privacy policy. More information on how we hold and process your data is available on our website and you can opt out at any time by simply contacting us.
For any offer you wish to make, we will need to establish certain details before negotiation can take place. This is so that our vendor can make an informed choice when negotiating and accepting your offer. You will be asked to provide formal I.D. and address verification, as required under new Money Laundering Legislation.

MORTGAGES & SOLICITORS

Lovelle Estate Agency and our partners provide a range of services to buyers, although you are free to use an alternative provider. If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee if you use their services. If you need help arranging finance, we can refer you to the Mortgage Advice Bureau, who are in-house. We may receive a fee if you use their services.

ENERGY PERFORMACE CERTIFICATE

A copy of the full Energy Performance Certificate for this property is available upon request unless exempt. Advisory Notes - Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.

ANTI - MONEY LAUNDERING

In accordance with HM Revenue and Customs (HMRC) regulations, all estate agents in the UK are legally required to conduct Anti-Money Laundering (AML) checks for every property transaction. This is a mandatory step for both buyers and sellers, and your successful completion of these checks is essential before any property transaction can proceed.

Our agency utilises Moverly to carry out these necessary AML checks. Please be aware that a non-refundable fee will be charged for each individual AML check conducted.

VERIFIED MATERIAL INFORMATION

All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor, or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.