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2 Bedroom First Floor Flat in Gated Development

2 Bedroom First Floor Flat in Gated Development

Address

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Auction date

27 Aug 2026

Guide price

£29,000

Type

Flat

Tenure

Leasehold

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

Located in a modern, gated development, this attractive first floor flat offers 2 bedrooms and is positioned conveniently close to Gainsborough Station. This property presents an excellent opportunity for both first-time buyers and investors, as it holds a long lease and is currently vacant, making it ready for immediate occupation.

  • £425 pcm rental income from similar units
  • Leasehold: 150 years from 2022, with a peppercorn ground rent
  • EPC Rating: C
  • Mews style development
  • Vacant possession upon completion

This property not only promises a stylish living space but also offers a beneficial investment angle, considering the rental market in this area. The accommodation includes a sitting room/kitchen, 2 bedrooms, and a bathroom located on the first floor, ensuring a comfortable and accessible living environment.

Last update: 10 Aug 2026

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