Scott Street, Gainsborough

ESTABLISHED INVESTMENT OPPORTUNITY - SITTING TENANT IN SITU

Offered for sale with a long-standing sitting tenant in situ, 3 Scott Street is a three-bedroom semi-detached property situated within a popular residential area of Gainsborough.

The property is currently let at £625 per calendar month, with the existing tenant having been in occupation for a considerable period, providing an established rental income for an incoming landlord.

The accommodation offers well-proportioned living space, with an entrance hall leading into two separate reception rooms and a generous-sized kitchen on the ground floor. The property retains a number of original fireplaces, adding character and traditional appeal to the accommodation.

To the first floor are three good-sized bedrooms, together with a modern family bathroom. There are also useful storage options throughout the first floor.

Outside, the property benefits from a good-sized enclosed rear garden, providing considerably more outside space than might typically be expected from this type of property. There is also a useful outside WC, which incorporates additional space suitable for a tumble dryer and storage.

Further benefits include gas central heating, double glazing and an EPC rating of D.

This property provides an opportunity for an investor to acquire an established rental property with a tenant already in occupation and income being generated from completion.

Accommodation

Entrance Hall
Entrance hall providing access to the main ground floor accommodation and stairs rising to the first floor.

Lounge
Well-proportioned reception room with an original fireplace providing an attractive character feature.

Dining Room
Separate second reception room, again benefiting from an original fireplace, providing flexible additional living or dining space.

Kitchen
Generous-sized fitted kitchen with a range of wall and base units and space for the usual appliances, together with access towards the rear of the property.

First Floor Landing
Providing access to all three bedrooms, the bathroom and useful storage areas.

Bedroom One
Good-sized bedroom with useful storage options.

Bedroom Two
Further well-proportioned bedroom.

Bedroom Three
Good-sized third bedroom, suitable for a variety of uses.

Bathroom
Modern family bathroom.

Outside
The property benefits from a good-sized enclosed rear garden, offering a useful outdoor space for the tenant. To the rear is also an outside WC, which provides additional useful space for a tumble dryer and storage.

Additional Information

Long-standing sitting tenant in situ
Current rent: £625 per calendar month
Three-bedroom semi-detached house
Popular residential area
Two reception rooms
Generous-sized kitchen
Several original fireplaces
Modern bathroom
Good-sized bedrooms
Useful storage options
Good-sized enclosed rear garden
Outside WC with space for dryer and storage
Gas central heating
Double glazing
EPC rating D