Cromwell Street, Gainsborough

RARE INVESTMENT OPPORTUNITY | THREE SELF-CONTAINED DWELLINGS | £16,740 CURRENT ANNUAL RENTAL INCOME | ONE FREEHOLD TITLE

Martin & Co are delighted to offer an exceptionally interesting investment opportunity to acquire 1 Cromwell Street, Gainsborough – a freehold property comprising three separate self-contained apartments, all being sold together under a single freehold title.

The property offers an attractive opportunity for landlords and investors looking to acquire a multi-unit residential investment with an established rental income, with all three dwellings currently let and generating a combined rental income of £1,395 per calendar month (£16,740 per annum).

The accommodation is arranged as:

Apartment 1 – One Bedroom
A self-contained one-bedroom apartment providing comfortable accommodation suitable for the rental market.

Apartment 2 – One Bedroom
A further self-contained one-bedroom apartment, providing an additional rental income stream within the property.

Apartment 3 – Three Bedrooms
A larger three-bedroom apartment offering substantially more accommodation and providing further rental potential.

The three dwellings are being sold as one freehold property and under a single title, providing an attractive proposition for investors seeking to acquire multiple rental units without the need to purchase separate properties.

Situated on Cromwell Street, the property is conveniently positioned for Gainsborough town centre and a range of local amenities, including shops, schools, healthcare facilities and everyday services. The location also provides access to local transport links and the surrounding villages, making the property well placed for the established local rental market.

With three separately let dwellings, an existing combined rental income of £16,740 per annum and the potential for future rental growth, this is a particularly rare opportunity to acquire a multi-unit investment in Gainsborough.

INVESTMENT HIGHLIGHTS:

• Three self-contained residential dwellings
• Two one-bedroom apartments and one three-bedroom apartment
• All three properties currently let
• Combined rental income of £1,395 PCM / £16,740 PA
• Single freehold title
• Established investment with immediate rental income
• Excellent potential for landlords and property investors
• Convenient Gainsborough location close to amenities and transport links

An opportunity of this type rarely comes to the market and early enquiries are strongly recommended. Contact Martin & Co today to arrange further information or a viewing.