available
£230,000
Located in Gainsborough, this 6 Bedroom HMO is an ideal choice for those seeking a high-yield investment. The property is currently configured as a house in multiple occupation (HMO) with six bedrooms, offering ample space for tenants. The communal living/dining area provides a comfortable space for socialising, while two shared bathrooms and two kitchens cater to the needs of all residents.
The property spans 150 square meters, providing plenty of room for tenants to enjoy. An additional W/C adds convenience for occupants. While some rooms require light refurbishment, the potential rental income and projected ROI make this an attractive option for investors willing to undertake minor improvements.
Gainsborough offers a range of local amenities and transport links, making it an appealing location for tenants. The town's community and accessibility can attract a steady stream of occupants, further enhancing the investment potential.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
