Property Details

Gordon Street, Gainsborough£70,000

On MarketStarkey&Brown Lincoln - 01522 84584500020554

NO ONWARD CHAIN
Terraced House
Two Bedrooms
Lounge & Kitchen Diner
Enclosed Courtyard
Central Gainsborough Location
Ideal Investment Purchase
Projected Rental Income Of £7,800 PA/ 11.14% Gross Yield

Offered for sale with no onward chain is this two bedroom terraced house located in Gainsborough. Make an ideal investment with the projected rental income is potentially £7,800 per annum in line market evidence with return 11.4% gross yield. The property itself has two bedrooms over two floors, a large loft storage space for a variety of flexible uses but does not come with building regulations to use as a living space. There is a lounge and kitchen diner which includes a range of base and eye level units and access to a downstairs bathroom. Rising to the first floor are two double bedrooms. To the rear of the property is a low maintenance courtyard. Situated nearby to local amenities and a regular bus service. To arrange a viewing please contact Starkey&Brown. Council tax band: A. Freehold.

Lounge11' 11'' x 12' 2'' (3.63m x 3.71m)
Having a uPVC front door entry to the front aspect, a radiator, meter cupboard, and the fuse box. Access to the stairs and access to the kitchen diner.
Kitchen Diner12' 2'' x 11' 9'' (3.71m x 3.58m)
Having a range of base and eye-level units with counter worktops, integrated oven, hob, and extractor hood, space and plumbing for further appliances, vinyl flooring, uPVC double-glazed window to the rear aspect, and an understairs storage cupboard. Access to the rear lobby, giving access to the rear garden and the bathroom.
Bathroom6' 0'' x 6' 7'' (1.83m x 2.01m)
Having a bath tub with mains-fed shower over, pedestal wash hand basin unit, a low-level WC, a radiator and a uPVC double-glazed obscured window to the side aspect, vinyl flooring, coved ceiling and an extractor.
Bedroom 112' 2'' x 11' 10'' max (3.71m x 3.60m)
Having a double-glazed window to the rear aspect and a radiator.
Bedroom 211' 11'' x 12' 2'' (3.63m x 3.71m)
Having a uPVC double-glazed window to the front aspect, a radiator, and access to a storage cupboard.
Stairs rising to:
Loft Storage10' 10'' x 11' 11'' (3.30m x 3.63m)
Velux skylight and a radiator. Stairs to the loft storage - do not have the correct regulations for this space to be called bedroom three.
Outside Rear
Enclosed courtyard with brick built-out building, access for bins, a hardcore concrete courtyard with a walled perimeter.
Outside Front
Dwafed walled perimeter with access to the front door.

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