Summary - 39 LINDEN TERRACE GAINSBOROUGH DN21 1JQ
2 bed 1 bath Terraced
Compact income property with immediate rent and refurbishment upside.
Tenant in situ, current rent £520 pcm (immediate income)
Asking price £70,000; gross yield approx 7.7%
Two bedrooms plus attic; small overall footprint (614 sq ft)
Freehold mid-terrace Victorian, built 1900–1929
EPC D; mains gas boiler and radiators in place
Solid brick walls likely uninsulated; insulation upgrade advised
Very high local crime and very deprived area — investment risk
Council Tax Band A; very low local tax contribution
A compact two-bedroom Victorian mid-terrace offered as a freehold investment with a sitting tenant and immediate rental income. Currently let at £520 pcm, the property produces a headline yield around 7.7% at the asking price, making it suitable for investors seeking low-entry purchase in a town-centre location. The house includes an attic room, rear yard garden and an open-plan living/kitchen layout shown in earlier photos.
The property is solid-brick and dates from 1900–1929; glazing is double but install date is unknown and the walls are likely uninsulated. Heating is mains gas via a boiler and radiators; the EPC is D. These features point to straightforward, cost-effective upgrades (insulation, possible boiler service, kitchen or bathroom refresh) that could improve energy performance and tenant appeal.
Location benefits include fast broadband, excellent mobile signal, and proximity to local amenities and schools, including a top-performing secondary. Important negatives: the wider area is very deprived with very high recorded crime, and the plot and internal floor area are small. The property is sold with a tenant in situ, so purchasers should expect existing tenancy terms to remain in place on completion.
This is a clear buy-to-let proposition for investors comfortable with urban, constrained rental markets and minor refurbishment. It offers immediate cash flow with scope to increase value through targeted works, while buyers seeking low-crime, larger-family homes may prefer other areas.
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