Standout Features
- Producing £650 PCM (£7,800 per annum)
- Two-bedroom second-floor apartment
- Residents' off-road parking
- Spacious lounge/dining room
- Walking distance to Gainsborough town centre
- Close to the River Trent and picturesque riverside walks
Property Description
Martin & Co are delighted to present this well-presented two-bedroom apartment, situated within the popular Furleys Wharf development and offered to the market with a tenant currently in situ, producing an immediate rental income of £650 PCM (£7,800 per annum), making it an ideal addition to any buy-to-let portfolio.
Conveniently located within walking distance of Gainsborough town centre, the property enjoys easy access to a wide range of local amenities, including shops, supermarkets, schools, healthcare facilities and transport links. The picturesque River Trent is also just moments away, offering pleasant riverside walks and open green spaces to enjoy.
The accommodation briefly comprises an entrance hall, a spacious lounge/dining area, a fitted kitchen, two well-proportioned bedrooms and a modern family bathroom.
Externally, the development benefits from residents' off-road parking, providing added convenience.
Lease information (provided by the vendor) includes approximately 102 years remaining, with a service charge of approximately £1,683.65 per annum and a ground rent of £245 per annum. Interested parties are advised to ask their legal representative to verify these figures during the conveyancing process.
Whether you're an experienced landlord or looking to expand your investment portfolio, this is an excellent opportunity to acquire a well-located apartment with an established tenant and an immediate rental return.
Estate agents operating in the UK are required to conduct Anti-Money Laundering (AML) checks in compliance with the regulations set forth by HM Revenue and Customs (HMRC) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. Our estate agency uses Coadjute' s Assured Compliance service to facilitate the AML checks. A fee will be charged for each individual AML check conducted £45.00 + VAT
Conveniently located within walking distance of Gainsborough town centre, the property enjoys easy access to a wide range of local amenities, including shops, supermarkets, schools, healthcare facilities and transport links. The picturesque River Trent is also just moments away, offering pleasant riverside walks and open green spaces to enjoy.
The accommodation briefly comprises an entrance hall, a spacious lounge/dining area, a fitted kitchen, two well-proportioned bedrooms and a modern family bathroom.
Externally, the development benefits from residents' off-road parking, providing added convenience.
Lease information (provided by the vendor) includes approximately 102 years remaining, with a service charge of approximately £1,683.65 per annum and a ground rent of £245 per annum. Interested parties are advised to ask their legal representative to verify these figures during the conveyancing process.
Whether you're an experienced landlord or looking to expand your investment portfolio, this is an excellent opportunity to acquire a well-located apartment with an established tenant and an immediate rental return.
Estate agents operating in the UK are required to conduct Anti-Money Laundering (AML) checks in compliance with the regulations set forth by HM Revenue and Customs (HMRC) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. Our estate agency uses Coadjute' s Assured Compliance service to facilitate the AML checks. A fee will be charged for each individual AML check conducted £45.00 + VAT
Additional Information
Tenure:
Leasehold
Ground Rent:
£50 per year
Service Charge:
£1,687 per year
Council Tax Band:
A
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Furleys Wharf, Gainsborough
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Gainsborough
The Engine House,
Marshalls Yard, Beaumont Street,
Gainsborough,
Lincolnshire,
DN21 2NA,
England