Auction House / South Yorkshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £30,000 - £50,000
  • Bidding Opens 28/09/2026 13:00

12 Linden Terrace, Gainsborough, Lincolnshire, DN21 1JQ

A ready-made three-bedroom buy-to-let investment producing £585 PCM, with a reliable long-term working tenant in situ who pays on time, has no arrears and wishes to remain.

Description

An excellent opportunity for landlords and investors to acquire this three-bedroom terraced property, offered for sale with an established tenant in situ and providing an immediate rental income of £585 per calendar month (£7,020 per annum).

The property is currently occupied by a mature, single working tenant who has proven to be reliable, with rent paid on time and no arrears. The tenant has expressed a desire to remain at the property following the sale, making this an attractive ready-made investment for a purchaser looking to generate income from completion.

The accommodation is arranged over three floors and extends to approximately 68.8 sq. m. (740 sq. ft.). The ground floor comprises two reception/living areas, a fitted kitchen and bathroom. To the first floor are two bedrooms, with a further generously sized third bedroom occupying the second floor.

The property has also benefited from painting and redecoration together with new flooring in recent times, although purchasers may wish to undertake further cosmetic improvements to suit their own requirements.

Externally, there is an enclosed courtyard area to the rear.

Key Features: Three-bedroom terraced property; tenant in situ; rental income of £585 PCM / £7,020 PA; mature working tenant; rent paid on time with no arrears; tenant wishes to remain; recently painted and decorated with new flooring; accommodation over three floors; approximately 740 sq. ft.; ideal buy-to-let investment opportunity.

Tenure: Freehold

EPC Rating: C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

£3,600 inc vat payable upon the fall of the virtual gavel

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* Guide | £30,000 - £50,000
  • 3 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 0114 223 0777 for more information

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.