Summary - 26, Balfour Street, GAINSBOROUGH DN21 2LF
3 bed 1 bath Semi-Detached
**Standout Features:**
- Three bedrooms in a semi-detached layout
- Newly renovated with modern kitchen and utility room
- Tenanted with a strong lease until 2024, generating £925/month
- Front and rear gardens for outdoor space
- Located in Gainsborough, close to amenities and cultural landmarks
**Potential Concerns:**
- Very high local crime rate
- Property built with solid brick and no insulation (assumed)
- Current glazing is older double glazing pre-2002
**Summary:**
Seize a fantastic investment opportunity with this newly renovated three-bedroom semi-detached house located in the vibrant heart of Gainsborough. The home features a modern kitchen and utility room, along with two spacious reception areas, providing ample living space for a growing family or professionals alike. Enjoy the convenience of front and rear gardens that offer a cozy outdoor retreat.
Currently tenanted under a secure three-year lease starting in June 2024, this property yields an impressive annual income of £11,100, making it a prime choice for investors seeking a steady return. While the property is well-positioned near recreational facilities and historical sites like The Old Hall, potential buyers should be aware of the high crime rate in the area and the property’s construction details, which may require attention in the future. With a competitively priced entry point of £125,000 and proximity to both retail and educational options, this property presents the perfect blend of comfort, convenience, and investment potential, but act fast—opportunities like this are in high demand!
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