Lea Road, Gainsborough, DN21 1LW
£220,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Terraced house
1,604 sq ft
6 Bedrooms
1 Bathroom
Tenanted
Freehold
Overview
This 6-bedroom terraced house on Lea Road in Gainsborough is a solid investment for HMO strategy, offering a gross yield of 13.7%. Tenanted, it generates an annual rent of £30,156, with a market rent of £2,513 per month. The property is freehold, providing long-term ownership, and is located in a well-connected area with nearby transport links. The property's size (1604 sq. ft.) offers ample space for the current tenant setup.
What our customers say about us
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
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