Offers in region of
£69,995
(£107/sq. ft)
2 bed flat for saleFurleys Wharf, Gainsborough, Lincolnshire, Uk DN21
2 beds
1 bath
1 reception
656 sq. ft
EPC Rating: C
Added on
About this property
Producing £650 pcm (£7,800 per annum)
Two-bedroom second-floor apartment
Residents' off-road parking
Spacious lounge/dining room
Walking distance to Gainsborough town centre
Close to the River Trent and picturesque riverside walks
Martin&co are delighted to bring to the market this fantastic investment opportunity! This two-bedroom apartment is offered for sale with a tenant in situ, enjoying a popular town centre location close to amenities and transport links. Benefitting from residents' parking, it's an ideal addition to any buy-to-let portfolio.
Martin & Co are delighted to present this well-presented two-bedroom apartment, situated within the popular Furleys Wharf development and offered to the market with a tenant currently in situ, producing an immediate rental income of £650 pcm (£7,800 per annum), making it an ideal addition to any buy-to-let portfolio.
Conveniently located within walking distance of Gainsborough town centre, the property enjoys easy access to a wide range of local amenities, including shops, supermarkets, schools, healthcare facilities and transport links. The picturesque River Trent is also just moments away, offering pleasant riverside walks and open green spaces to enjoy.
The accommodation briefly comprises an entrance hall, a spacious lounge/dining area, a fitted kitchen, two well-proportioned bedrooms and a modern family bathroom.
Externally, the development benefits from residents' off-road parking, providing added convenience.
Lease information (provided by the vendor) includes approximately 102 years remaining, with a service charge of approximately £1,683.65 per annum and a ground rent of £245 per annum. Interested parties are advised to ask their legal representative to verify these figures during the conveyancing process.
Whether you're an experienced landlord or looking to expand your investment portfolio, this is an excellent opportunity to acquire a well-located apartment with an established tenant and an immediate rental return.
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More information
Tenure
Leasehold (102 years)
Service charge
£1,688 per year
Council tax band
A
Ground rent
£50
Ground rent date of next review
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