Offers over

£61,000

2 bed flat for sale
Marshalls Court, Spring Gardens, Gainsborough, Lincolnshire DN21

    • 2 beds

    • 1 bath

    • 1 reception

Back to market
Chain free
Leasehold
Reduced on 04/06/2026

About this property

  • Investment Property

  • Off-Road Parking

  • Close To All Amenities

  • Double Bedroom

  • No Onward Chain

  • Over 1000 sq ft

Martin&co are delighted to offer this two-bedroom apartment with a sitting tenant currently paying £550 pcm. The property comprises a kitchen/lounge/diner, two double bedrooms, family bathroom and benefits from rear parking. Ideally located close to local amenities, schools and medical facilities.

***no onward chain*** | two-bedroom apartment with sitting tenant | £550 pcm rental income | parking

Martin & Co are delighted to offer to the market this well-positioned two-bedroom apartment, currently let to a sitting tenant producing a rental income of £550 per calendar month, making the property an appealing proposition for investors seeking an established rental investment.

The accommodation briefly comprises a kitchen/lounge/diner, providing a practical open-plan living space, together with two double bedrooms and a family bathroom.

The property also benefits from rear parking, adding further practicality for both tenants and future occupiers.

Situated within Marshalls Court on Spring Gardens, the apartment is conveniently located for Gainsborough town centre and a range of everyday amenities, with local shops, schools, medical facilities and transport links all readily accessible.

For an investor, the property offers the attraction of an existing tenancy and established rental income from day one, whilst the two-bedroom configuration and convenient location should continue to provide broad appeal within the local rental market.

Key Features:

Two-bedroom apartment
Sitting tenant in situ
Current rental income of £550 pcm
Kitchen/lounge/diner
Two double bedrooms
Family bathroom
Rear parking
Convenient Gainsborough location
Close to local amenities, schools and medical facilities
Attractive investment opportunity

Estate agents operating in the UK are required to conduct Anti-Money Laundering (aml) checks in compliance with the regulations set forth by hm Revenue and Customs (hmrc) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. Our estate agency uses Coadjute' s Assured Compliance service to facilitate the aml checks. A fee will be charged for each individual aml check conducted £45.00 + VAT

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Monthly repayment

£305 per month

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More information

  • Tenure

    Leasehold (979 years)

  • Service charge

    £1,500 per year

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

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Martin & Co Gainsborough

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