Summary - The Maltings The Maltings The Maltings The Maltings The Maltings Bridge Street, Gainsborough DN21 1JA
1 bed 1 bath Flat
**Standout Features:**
- **Buy-to-Let Investment Opportunity:** One-bedroom apartments starting from £59,995.
- **Desirable Riverside Location:** On the banks of the River Trent.
- **High Occupancy Rate:** All but 2 of the 48 units are currently occupied, indicating strong rental demand.
- **Promising Rental Returns:** Net yield of up to 7.2% for long-term rentals and 10% for short-term lets.
- **Long Leasehold:** 250 years from 2004, with no ground rent and an annual service charge of £1,630.
- **Amenity-Rich Area:** Access to local retail, leisure, and educational facilities.
**Summary:**
Offering an exceptional buy-to-let investment, Sandars Maltings features contemporary one-bedroom apartments in a historic conversion on the picturesque banks of the River Trent. With prices starting at just £59,995, this development boasts an impressive net rental yield, making it an attractive option for both seasoned and first-time investors. The property's unique industrial architecture retained in the brick exterior adds character, appealing to tenants looking for stylish, modern living spaces in a vibrant market town.
The location enjoys proximity to essential amenities, including the popular Marshalls Yard retail complex and highly regarded schools, enhancing its attractiveness for families and working professionals alike. Additionally, the property has seen steady value increases over the past five years, witnessing a 22.92% rise—well above the national average.
Considering the property's strong tenant demand and favorable rental returns, this opportunity won't last long. Secure your investment today and envision the potential for growth and income in this unique riverside location.
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