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3 bedroom terraced house for sale

Portland Terrace, Gainsborough
Auction
Terraced house
3 beds
1 bath
785 sq ft / 73 sq m
EPC rating: D
Added > 14 days

Key information

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Council taxAsk agent
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Features and description

  • Three well proportioned bedrooms
  • Welcoming reception room
  • Practical kitchen layout
  • Tenant in situ
  • Steady rental income of £425pcm
  • Ideal investment opportunity
Martin&Co are happy to present a terraced house currently listed for sale. This property presents an excellent investment opportunity, with tenants situ paying £425 per calendar month.

Upon entering this residence, you will find a welcoming reception room, providing an ideal space for relaxation and entertaining guests. The property boasts a practical layout featuring a kitchen that is well-structured to cater to all your culinary needs.The house also features a bathroom, fitted with essential fixtures.

The accommodation further benefits from three well-proportioned bedrooms, offering ample space for a growing family or professionals sharing. One of these bedrooms is an attic room, providing additional living space that can be utilised according to your needs.

This house encompasses all the essential elements required for comfortable living and is perfect for those seeking a good return on their investment. With tenants already in place, this property represents a ready-made rental opportunity for any savvy investor.

To summarise, this three-bedroom terraced house presents a great investment opportunity with a steady rental income. Its arrangement with one reception room, one kitchen, and one bathroom, including an attic room, ensures a versatile living space ready to accommodate its new owners.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. 
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About this agent

Martin & Co - Gainsborough
Martin & Co - Gainsborough
The Engine House, Marshalls Yard, Beaumont Street Gainsborough DN21 2NA
01427 360941
Full profileProperty listings
Martin & Co Gainsborough specialize in Residential Lettings , Residential Sales and Property Auctions cover a large geographical area to include Gainsborough itself, Scunthorpe, Brigg surrounding Villages to include: Marton, Lea, Morton, Blyton, Scotter, Messingham, Crowle, Keadby, Kirton in Lindsey, Waddingham, Hibaldstow, Winterton & Barton upon Humber (and all villages in between). The area allows easy access to major road networks including A15, M180, A18, as well as easy access to both Doncaster Robin Hood Airport and Humberside airport, as well as convenient rail links to Scunthorpe and Gainsborough. The area is ideal for commuting to Lincoln, Doncaster, Grimsby and Hull. The Gainsborough lettings and estate agents office is a member of the The Property Ombudsman, DPS (deposit protection scheme) NALS & Safe Agent. WE HAVE A HUGE SUCCESS IN AUCTION SALES - MAC AUCTIONS HOLD REGULAR AUCTIONS - WITH HUGE SUCCESS. We are currently experiencing high demand from good, PROPERLY REFERENCED TENANTS, for properties in DN15 (0,6,7,8,9) DN16 (1,2,3,4) DN18 (5,6) DN19 (7), DN20 (0,8,9), DN21 (1,2,3,4,5) - if you property is within this area and you would like further information on our offers please contact the office.
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