Popular
Total views: 2500+
Map1 bedroom flat for sale
Bridge Street, Gainsborough
Flat
1 bed
1 bath
Key information
Tenure: Leasehold | 229 yrs left
Service charge: £1,630 per annum
Council tax: Band A
Mobile signal:
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Features and description
- Buy to let investment opportunity
- One bed apartments
- Prices from £59,995
- Riverside location
- Apartments currently achieving a rental return
- Leasehold 250 years from 2004
- Service charge £1,630 p.a.
- Ground rent nil
BUY TO LET INVESTMENT OPPORTUNITY within Sandars Maltings one bed apartments from £59,950.
Sandars Maltings is a conversion located on the banks of the River Trent within the vibrant market town of Gainsborough which is well serviced with local amenities including Marshalls Yard retail complex, eateries and leisure facilities and highly regarded School.
CONTACT THE OFFICE TO EXPRESS AN INTEREST ON[use Contact Agent Button].
Description - Sandars Maltings is a development of 48 apartments located directly on the River Trent in the popular market town of Gainsborough with amenities including eateries, leisure facilities, schools, Marshalls Yard retail complex and road and rail links to the surrounding areas. The building is tenanted and all but 2 units are occupied with proven tenant demand making Sandars Maltings a turnkey and hassle-free investment offering a net yield of up to 7.2% net with long-term lets and up to 10% for short-term lets which are permitted on this development.
The development offers apartments starting from only £59,995 and is a rare opportunity to invest in a project offering exceptional value for money.
Furthermore, prices in Gainsborough have been rising steadily over the past 5 years, having increased by 22.92%, which is above the national average
Tenure - Leasehold - 250 year lease from 2004. Ground Rent - Nil. Service Charge £1,630 p.a.
Agents Note - Payment Plan - £2,000 reservation fee
20% on exchange (minus reservation fee)
80% balance on handover
Sandars Maltings is a conversion located on the banks of the River Trent within the vibrant market town of Gainsborough which is well serviced with local amenities including Marshalls Yard retail complex, eateries and leisure facilities and highly regarded School.
CONTACT THE OFFICE TO EXPRESS AN INTEREST ON[use Contact Agent Button].
Description - Sandars Maltings is a development of 48 apartments located directly on the River Trent in the popular market town of Gainsborough with amenities including eateries, leisure facilities, schools, Marshalls Yard retail complex and road and rail links to the surrounding areas. The building is tenanted and all but 2 units are occupied with proven tenant demand making Sandars Maltings a turnkey and hassle-free investment offering a net yield of up to 7.2% net with long-term lets and up to 10% for short-term lets which are permitted on this development.
The development offers apartments starting from only £59,995 and is a rare opportunity to invest in a project offering exceptional value for money.
Furthermore, prices in Gainsborough have been rising steadily over the past 5 years, having increased by 22.92%, which is above the national average
Tenure - Leasehold - 250 year lease from 2004. Ground Rent - Nil. Service Charge £1,630 p.a.
Agents Note - Payment Plan - £2,000 reservation fee
20% on exchange (minus reservation fee)
80% balance on handover
Property information from this agent
About this agent
Hunters Estate Agents in Gainsborough, formerly known as Drewery & Wheeldon specialises in Residential Sales, Lettings and Management. We have been known in the town since 1879 and are positioned on Trinity Street one of the main roads into the town centre. The team at Hunters Gainsborough feel that it is vital to provide the highest standard of professional service to all our clients and take pride in our commitment to deliver excellent customer care from staff who have a wealth of knowledge and experience of the local area. Whether you are looking to buy, sell or rent in the Gainsborough area, come and visit us at Hunters Gainsborough.