Freephone: 0800 043 6956 Email: info@freshinvest.co.uk
Fresh Invest
Stunning 3 and 4 bedroom mews townhouses Dan Chamberlain Director
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5 x 3 and 4 bedroom houses in Gainsborough
AT A GLANCE
- 5 x 3 and 4 bed freehold houses
- Build complete
- Up to 24% discount from current marketing prices
- 3 bed prices from £94,000
- 4 bed prices from £100,000
- Strong local rental market
- Rentals of between £550-£600 pcm
- High yields of circa 7%
- New build development with 10 year NHBC warranty
- Strong comparable sales supporting discounts
In detail
The Opportunity:
Fresh Invest are excited to bring you a fantastic opportunity to purchase just 5 x 3 and 4 bedroom houses in the stunning countryside location of Gainsborough, Lincolnshire.
With discounted property prices from £94,000 - £100,000, this is a unique opportunity to purchase a freehold buy to let house with very little deposit and up to a 24% discount.
With rental values of £600 these quality houses will comfortably yield up to 7.2%!
Financial example:4 bed mews Townhouse at 1041sqft - £100,000
- Deposit needed – £30,000
- Rent – £600pcm
- Mortgage – £70,000
- Mortgage repayments – £233.33 pcm
- Mortgage - 70% LTV @ 4% fixed
- Positive cash flow - £366.66 pcm (£4,400 per year cash flow positive)
The Development:
On the edge of the thriving market town of Gainsborough, with open farmland stretching away to the south and east, the beautifully laid out development of Brooklands offers a wide choice of homes with a wonderful sense of peace and retreat. Arranged around village green style open spaces and a children’s play area, Brooklands is within commuting range of Sheffield, Doncaster and Lincoln.
The Location:
Located at the intersection of the A631, the A159 and the A156, Gainsborough is in easy reach of Sheffield, Doncaster, Lincoln, Scunthorpe and Grimsby. There are frequent trains from Lea Road Station, less than half a mile from Brooklands, to Lincoln, Sheffield and Doncaster, and good local bus services, with a bus station in the town. Robin Hood Airport is just 12 miles away.
The next step:
For more information on this investment opportunity, please use the request information tab at the top of the page, we will send through the brochure outlining the opportunity in full, including pictures of the development and floor plans as well as comparable properties for sale and sold in the local area.
Once you have decided upon your chosen unit(s) please contact us and we will run you through the quick and easy reservation process.