This opportunity is being circulated privately to a selected investor audience for a limited initial period.
Following this, the opportunity may be released more widely before being withdrawn from circulation.
Location: Gainsborough, Lincolnshire (DN21)
Properties: 2 residential houses
Configuration:
Roads: Ropery Road & Curzon Street
Top Level Financials
Total purchase price: £195,000 + sourcing fee*
Total monthly rent: £1,250 pcm
Total annual rent: £15,000 pa
Overall gross yield across the portfolio: 7.85%
*Sourcing fee: £4000 per unit or £6,000 if units sold together.
Stabilised figures reflect full occupancy at prevailing market rent.
The three-bedroom semi-detached house is currently let at £650 pcm
Following tenant turnover and a light cosmetic refurbishment (paint, carpets, bathroom refresh), market rent is anticipated at approximately £850 pcm
Property 1 - Three-Bed Semi-Detached (Tenanted)
Price: £100,000
Current rent: £650 pcm (£7,800 pa)
Gross yield: 7.43%
Property 2 - Two-Bed Mid-Terrace (Tenanted)
Price: £85,000
Current rent: £600 pcm (£7,200 pa)
Gross yield: 8.47%
Immediate income with defined reversionary upside and potential suitability for refinance-led strategies, subject to individual appraisal.
Illustrative only:
In-place rents total £1,250 pcm, with post-refurb potential of circa £1,500 pcm, subject to tenant turnover and market conditions.
Current Tenancy Position
Investment Profile
Time Limited Exclusive Availability
This opportunity is being circulated privately to a selected investor audience for a limited initial period.
Following this, the opportunity may be released more widely before being withdrawn from circulation.
The vendor intends to pursue alternative disposal routes thereafter, and the portfolio may not remain available beyond this process.
