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.

What our customers say about us

Ricky

Buy-to-let investor

Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.

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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.

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Buy-to-let investor

The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!

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