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2 bed house for sale Florence Terrace, Gainsborough

Asking price

£69,950

Added two days ago

Type: Terraced
Bedrooms: 2
Tenure: Freehold

Council tax Band A

About this property

For further details on this property please call us 01522 845845 Book a Viewing Share this Property Features Two Bedroom Terraced Home Bay Fronted Lounge Popular Residential Area Investment Buy Sold With Tenants In Situ Upstairs Bathroom Mature Garden Call Today To View Summary Starkey&Brown are delighted to offer for sale this two bedroom terraced property, ideally positioned on Florence Terrace in Gainsborough. The property is being sold with tenants in situ, making this an excellent opportunity for investors looking to acquire an already let investment property with an existing rental arrangement in place. Rent is £525 every 28 days with an annual income of £6843.

Floorplan

Council tax

Band A

Location

Florence Terrace, Gainsborough

Open map Street View

Mortgage and stamp duty

Property price £69,950

£35k £105k

Deposit10% £7,000

£0 £70k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £62,950 mortgage. Most lenders would want a household income of about £14,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.