12 Linden Terrace, Gainsborough, Lincolnshire DN21 1JQ
Listed 4 Sept 2026 · Gainsborough
How the price compares
About this home
Auction Commencing on Monday 28th September at 1pm and ending 24 hours later on Tuesday 29th September from 11am with Auction House South Yorkshire
Please register to bid via our website - auctionhouse.co.uk/southyorkshire 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: Freehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Property details
- Property type
- Terraced
- Tenure
- Freehold
Floorplan
Location
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1 on this map
- Gainsborough Central Station0.4 mi
- Gainsborough Lea Road Station0.7 mi
What nearby homes sold for
Median sold prices in DN21 over the last 12 months: detached £285k · terraced £110k · semi-detached £168k · flat £80k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 31 Linden Terrace Gainsborough DN21 1JQ | Terraced Freehold | 27 Feb 2026 | £45,000 |
| 27 Linden Terrace Gainsborough DN21 1JQ | Terraced Freehold | 13 Oct 2025 | £47,000 |
| 37 Linden Terrace Gainsborough DN21 1JQ | Terraced Freehold | 14 Jul 2025 | £70,500 |
| 9 Linden Terrace Gainsborough DN21 1JQ | Terraced Freehold | 6 Jun 2025 | £53,000 |
| 26 Linden Terrace Gainsborough DN21 1JQ | Terraced Freehold | 24 Mar 2025 | £46,500 |
| 11 Linden Terrace Gainsborough DN21 1JQ | Terraced Freehold | 4 Oct 2024 | £50,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DN21
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Auction House, South Yorkshire on Rightmove (original listing). First listed 4 Sept 2026; details checked 7 Nov 2026. Latest change: added on 04/09/2026.
Agent disclaimer
Disclaimer - Property reference 202609041803sq_gt8r. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, South Yorkshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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