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13GroveStreetIMG_2568_edited.jpg
For saleReduced 18 Aug 2026
£190,000

Grove Street, Boston, Lincolnshire, PE21 6TL

4bedrooms
2bathrooms
Detachedtype

Listed 16 Jul 2026 · price reduced 18 Aug 2026 · Boston

How the price compares

This home£190,000
Median 4 bed in PE21£325k41 homes listed · £222 per sq ft
Difference-42%below the area median

Key features

  • Two semi detached freehold properties
  • Tenants in situ
  • Off road parking
  • Flexible accommodation
  • Traditional character
  • Enclosed rear gardens
  • Established residential area
  • Good access to local amenities and transport links

About this home

yieldit are pleased to offer to the market this excellent investment opportunity comprising a pair of semi-detached houses, each benefiting from off-road parking and private enclosed gardens. Offered together as a single investment, the properties are being sold with tenants in situ, generating an attractive rental yield of approximately 8.73% and providing immediate rental income from completion.

Each property offers well-proportioned accommodation comprising a spacious lounge, modern fitted kitchen with dining area, two bedrooms and a family bathroom. Externally, both properties benefit from private enclosed rear gardens and driveways providing off-road parking, enhancing their appeal to long-term tenants.

Situated within a well-established residential area of Boston, the properties enjoy convenient access to local amenities, schools and transport links. Boston town centre is within easy reach, offering a variety of shops, supermarkets, cafés and leisure facilities. Excellent road and rail connections provide access across Lincolnshire and beyond, while the area continues to benefit from strong community appeal.

From an investment perspective, the properties are located in an area with ongoing regeneration and infrastructure improvements, supporting long-term growth potential. Boston continues to benefit from investment aimed at improving housing stock, enhancing the town centre and creating employment opportunities. Combined with consistent rental demand, this presents an attractive opportunity for investors seeking strong income alongside future capital appreciation.

Please note the properties are held under separate title numbers but are being offered for sale together. Prospective purchasers should make their own enquiries regarding any selective licensing requirements with the relevant local authority.

Please note, lettings and management charges may apply, and figures are representative of the properties being self-managed.

Financial Breakdown

Gross Rent: £17,460.00 Net income: £17,460.00 Gross yield: 9.19% Net yield: 9.19% Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-08537

Property details

Property type
Detached
Parking
Yes
Garden
Yes

Location

Skip map

1 on this map

  • Boston Station0.5 mi
  • Hubberts Bridge Station3.8 mi

What nearby homes sold for

Median sold prices in PE21 over the last 12 months: detached £250k · semi-detached £160k · terraced £130k · flat £85k.

AddressTypeSoldPrice
9 Grove Street West
Boston PE21 6TL
Terraced
Freehold
19 Feb 2024£117,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in PE21

Buying costs

Monthly repayment£950£19,000 deposit · £171,000 loan
Stamp Duty£1,300England rates

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 yieldit, Manchester on Rightmove (original listing). First listed 16 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 18/08/2026.

Agent disclaimer

Disclaimer - Property reference YL-08537. 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 yieldit, Manchester. 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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