19 Darwin Street, Gainsborough, Lincolnshire, DN21 1DL
4 2 2£155,000 House of multiple occupation for sale
The Property Advantage is pleased to present this 4 bedroom, 2 bathroom HMO in Gainsborough. This is a Victorian terraced property, it has had a back to brick refurbishment, which was completed in July 2021 by a very experienced developer. Hence, the property has been finished to a high standard and has already been fully tenanted until 09/01/2022. The Gross Income is £20,019.72 per annum and the Gross Yield is 12.9%.
Situated on a quiet residential street in Gainsborough. Gainsborough is home to numerous large construction companies and another huge employer in the area is Amazon with a local site nearby. The property is ideally located for tenants, it is close by to local amenities, with the local Aldi store within 0.2 miles (5-minute walk). Transport links are also easily accessible and Gainsborough Lea Road train station is 0.3 miles away (7-minute walk).
Room 1 - £411.66 / Room 2 - £433.33 / Room 3 - £411.66 / Room 4 - £411.66
Total; £1,668.31 PCM / £20,019.72 PA
Gas - £50 / Electric - £50 / Water - £24 / Council Tax - £106.49 /
TV License - £13.25 / Broadband - £23 / Cleaner - £35 / Management (Inc VAT) - £200.20
Total; £501.94 PCM / £6,023.25 PA
Gross Yield: 12.90%
Buyer Fee: 2.00% + VAT
- Back To Brick Refurbishment
- Recently Completed July 2021
- Fully Tenanted
- Well Located For Tenants
- Gross Income : £20,019.72 PA
- Gross Yield : 12.9%
- 2% +VAT Buyer's Fee
To make an enquiry for this property, please call us on 01743 612 018, or complete the form below.