In need of refurbishment, with 12% rental yield upon completion
Kitchen-diner and lounge
An enclosed rear yard, a garage and a workspace
Popular residential area
Independent and local shops nearby
Good transport links
For sale by auction
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***great buy*** On offer: A three-bed mid-terraced property in a popular area with two reception rooms. In need of refurbishment. An ideal investment or first-time buy. ***click now!***
We are delighted to offer this three-bed mid-terraced property to the market. Situated in a popular residential area of Gainsborough, the house is in need of refurbishment, yet offers a 12% rental yield upon completion; a fantastic first-time purchase or investment opportunity. Read on!
Internally, the property benefits from a kitchen-diner and a lounge. There are three bedrooms, two of a double-size, all of which are served by a family bathroom. Whilst in need of complete refurbishment, the property could be made easy-to-maintain for tenants, landlords and/or owner-occupiers.
Externally, there is an enclosed rear yard added to a garage for parking and workshop space.
The property is situated less than a mile from the well-regarded grammar school, Gainsborough town centre and the popular shopping development of Marshall's Yard. There are many independent and local shops nearby for day-to-day amenities. The property has good connections to the A1 via junctions at Bawtry and Newark, with mainline railway services to London and Edinburgh available from Retford railway station.
In brief, post renovation, this could be a great property in a popular location which is highly recommended for first-time buyers or investors. Call today!
The accommodation comprises: Interior: A kitchen-diner, a lounge, three bedrooms and a family bathroom. Exterior: A rear yard, a garage and a workshop space.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.