Summary - 9 LEWIS STREET GAINSBOROUGH DN21 2AB
2 bed 1 bath Terraced
**Standout Features:**
- Investment property with current tenants in situ
- Freehold tenure
- On-road parking and front & rear gardens
- Victorian terraced house with potential for renovations
- Close to amenities and town centre
- Fast broadband speeds and excellent mobile signal
**Potential Concerns:**
- Crime rate is very high in the area
- Property may need fixture updates and offers dated decor
- Located in a transitional, constrained renting neighbourhood
This two-bedroom, one-bathroom Victorian terraced house presents a unique investment opportunity for savvy buyers or landlords looking to expand their portfolio. Located in the heart of Gainsborough, this freehold property features front and rear gardens, along with on-road parking, making it a comfortable setting for current tenants. The living room boasts mid-century modern appeal, yet is in need of some updates to fully unlock its charm.
While the property is currently tenanted, it offers flexibility for future renovations, ensuring that your investment can grow with time. Nearby amenities, from supermarkets to cafes, make this property suitable for a diverse demographic, while its proximity to reputable schools enhances its marketability. However, buyers should be aware of the high crime rates in the area and conduct thorough inspections prior to bidding, particularly if financing through a mortgage. With a starting price of just £65,000 and the auction set to finalize within 56 days, this property is a compelling choice for those seeking affordable investment within a transitional neighbourhood. Don’t miss out on this chance to secure a foothold in an area ripe for potential growth!
2 bedroom terraced house for sale in Etherington Street, Gainsborough, Lincoln, Lincolnshire, DN21 2EW, DN21 — £66,000 • 2 bed • 1 bath • 743 ft²
2 bedroom terraced house for sale in Malpas Avenue, Gainsborough, DN21 — £45,000 • 2 bed • 1 bath
2 bedroom terraced house for sale in Ashcroft Road, Gainsborough, DN21 — £40,500 • 2 bed • 1 bath • 657 ft²
2 bedroom terraced house for sale in Tennyson Street, Gainsborough, DN21 — £60,000 • 2 bed • 1 bath
2 bedroom terraced house for sale in Malpas Avenue, Gainsborough, Lincoln, Lincolnshire, DN21 2HH, DN21 — £45,000 • 2 bed • 1 bath
3 bedroom terraced house for sale in Marlborough Street, Gainsborough, Lincolnshire, DN21 — £65,000 • 3 bed • 2 bath • 1035 ft²
