Guide price
£30,000
3 bed terraced house for sale12 Linden Terrace, Gainsborough, Lincolnshire DN21
3 beds
EPC Rating: C
Just added
Auction
About this property
For sale by online auction on Tuesday, 29 Sep 2026 ending at 11:01
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.
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: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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.
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: FreeholdEPC Rating: C
Portrait Video Tour
False
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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