6.4%Rental growth
4.1%Cap growth
£2,513Rental income
13.7%Gross yield
£55,000Minimum deposit

Lea Road, Gainsborough, DN21 1LW

£220,000

Financial snapshot

Costs

Your initial investment 

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Estimated deposit 

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Purchase fees

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View breakdown

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Returns

Your total return by 2036

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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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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.

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