3 bed terraced house for sale

Louisberg Road Hemswell Cliff, Gainsborough DN21

A ready-made investment opportunity located within a consistently strong rental area in Gainsborough, with potential to generate approximately £800 pcm from reliable long-term tenants with no arrears history, offering a strong income-producing asset from day one.

Priced competitively below comparable market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 10%. Comparable rental properties within the DN21 area and wider Gainsborough market are achieving approximately £650–£850 pcm, reflecting steady demand driven by local employment, affordability and consistent tenant demand for well-located residential accommodation.

The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any portfolio. Louisberg Road benefits from a convenient residential setting close to Gainsborough town centre, local schools, transport links and everyday amenities, ensuring consistent tenant demand and long-term rental stability within this established Lincolnshire market.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.