Summary - 17, Gordon Street, GAINSBOROUGH DN21 1DW
2 bed 1 bath Terraced
**Standout Features:**
- Freehold property with tenants in situ, generating immediate rental income.
- Fully let portfolio of four properties, with long-standing ASTs in place.
- Located in central Gainsborough with access to local amenities and transport links.
- Well-maintained with no major issues reported and low void risk until 2026.
- Flexible vendor open to individual or portfolio sale.
- Council Tax Band A, very low maintenance cost.
This Victorian terraced home offers a fantastic investment opportunity in a vibrant rental market. Comprising two bedrooms and situated in a convenient Gainsborough location, this property promises excellent returns with existing long-term tenants. The layout includes a cozy reception area, an adequately sized kitchen with a utility space, and a family bathroom, enhancing its practicality for families or professionals alike. The enclosed rear yard provides an easy-care outdoor space, ideal for tenants seeking low-maintenance living.
With crime rates noted as very high, prospective buyers should be mindful of their tenant demographic and potential challenges. However, the locality remains appealing for renters, especially given nearby schools with good ratings, such as Benjamin Adlard Primary and Queen Elizabeth's High School. Additionally, the potential for future enhancements—combined with a low-cost council tax and attractive price of £70,000—makes this a compelling option for first-time investors looking to expand their portfolios in a steady rental market. Don’t miss this chance—schedule your private viewing today and secure this valuable asset while it lasts!
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