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.
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