- 6 Bedroom licensed HMO +
- Guaranteed rental income of £2000pcm +
- 5 Year FRI Lease in place +
- 150 Square meters of floorspace +
- Benefits from recent light refurbishment +
- Communal Living/Dining Room +
- 2 x Shared Bathrooms +
- 2 x Shared kitchens +
- *Buyer's Premium Applies +
This terraced house on Lea Road in Gainsborough is an ultra-affordable option for investors seeking a licensed HMO with a guaranteed rental income of £2000 per month. Its freehold tenure provides peace of mind and long-term security. The property has undergone recent light refurbishment, enhancing its appeal and functionality.
The house offers six bedrooms, two shared bathrooms, and two shared kitchens, making it suitable for multiple tenants. A communal living and dining room adds to the property's practicality, providing a welcoming space for residents. With 150 square meters of floorspace, there's plenty of room to accommodate tenant needs.
Gainsborough is a town with convenient transport links and local amenities, making it an attractive location for tenants. The five-year FRI lease in place ensures a stable investment with minimal landlord responsibilities. Take advantage of this rare opportunity in the property market by contacting us today.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.