2 bedroom apartment for sale

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2 bedroom apartment for sale

Bridge Street, Gainsborough
£70,250

Price History

Initial price £71,500
23/10/25 £70,250
Price Change -1.75%

Description

Investors are presented with a rare opportunity to purchase a completed and income-producing property in Gainsborough, a thriving market town with strong rental demand. The Sandars Maltings development consists of 48 stylish apartments, with only two remaining units, which are already producing rental income. The property offers a net yield of up to 7.2% for long-term lets and up to 10% for short-term rentals, making it an attractive option for both hands-off and active investors. With prices starting at just £59,995, this is one of the most affordable high-yield investments available in the UK market. The property benefits from a riverside location, excellent commuter links, and ongoing town centre regeneration, making it an appealing option for tenants. With a fully managed option available, this property offers strong rental returns, capital growth potential, and long-term stability in a promising location.