19 Lea Road, Gainsborough, Lincolnshire, DN21 1LW

Listed 5 May 2026 · Gainsborough
RARE INVESTMENT OPPORTUNITY | THREE SELF-CONTAINED DWELLINGS | £16,740 CURRENT ANNUAL RENTAL INCOME | ONE FREEHOLD TITLE
Martin & Co are delighted to offer an exceptionally interesting investment opportunity to acquire 1 Cromwell Street, Gainsborough - a freehold property comprising three separate self-contained apartments, all being sold together under a single freehold title.
The property offers an attractive opportunity for landlords and investors looking to acquire a multi-unit residential investment with an established rental income, with all three dwellings currently let and generating a combined rental income of £1,395 per calendar month (£16,740 per annum).
The accommodation is arranged as:
Apartment 1 - One Bedroom A self-contained one-bedroom apartment providing comfortable accommodation suitable for the rental market.
Apartment 2 - One Bedroom A further self-contained one-bedroom apartment, providing an additional rental income stream within the property.
Apartment 3 - Three Bedrooms A larger three-bedroom apartment offering substantially more accommodation and providing further rental potential.
The three dwellings are being sold as one freehold property and under a single title, providing an attractive proposition for investors seeking to acquire multiple rental units without the need to purchase separate properties.
Situated on Cromwell Street, the property is conveniently positioned for Gainsborough town centre and a range of local amenities, including shops, schools, healthcare facilities and everyday services. The location also provides access to local transport links and the surrounding villages, making the property well placed for the established local rental market.
With three separately let dwellings, an existing combined rental income of £16,740 per annum and the potential for future rental growth, this is a particularly rare opportunity to acquire a multi-unit investment in Gainsborough.
INVESTMENT HIGHLIGHTS:
- Three self-contained residential dwellings - Two one-bedroom apartments and one three-bedroom apartment - All three properties currently let - Combined rental income of £1,395 PCM / £16,740 PA - Single freehold title - Established investment with immediate rental income - Excellent potential for landlords and property investors - Convenient Gainsborough location close to amenities and transport links
An opportunity of this type rarely comes to the market and early enquiries are strongly recommended. Contact Martin & Co today to arrange further information or a viewing.
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Median sold prices in DN21 over the last 12 months: detached £285k · terraced £110k · semi-detached £168k · flat £80k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 14 Cromwell Street Gainsborough DN21 1DH | Terraced Freehold | 24 Mar 2026 | £72,000 |
| 22 Cromwell Street Gainsborough DN21 1DH | Terraced Freehold | 13 Mar 2026 | £35,500 |
| 28 Cromwell Street Gainsborough DN21 1DH | Terraced Freehold | 4 Jun 2025 | £71,000 |
| 12 Cromwell Street Gainsborough DN21 1DH | Terraced Freehold | 31 Jan 2025 | £65,000 |
| 35 Cromwell Street Gainsborough DN21 1DH | Terraced Freehold | 27 Nov 2024 | £80,000 |
| 34 Cromwell Street Gainsborough DN21 1DH | Terraced Freehold | 24 May 2024 | £84,500 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DN21
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 Martin & Co, Gainsborough on Rightmove (original listing). First listed 5 May 2026; details checked 7 Nov 2026. Latest change: reduced on 03/11/2025.
Disclaimer - Property reference 100534009753. 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 Martin & Co, Gainsborough. 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.

