32 Forster Street, Gainsborough, Lincolnshire, DN21 2LL

Listed 5 May 2026 · price reduced 4 Jun 2026 · Gainsborough
***NO ONWARD CHAIN*** | TWO-BEDROOM APARTMENT WITH SITTING TENANT | £550 PCM RENTAL INCOME | PARKING
Martin & Co are delighted to offer to the market this well-positioned two-bedroom apartment, currently let to a sitting tenant producing a rental income of £550 per calendar month, making the property an appealing proposition for investors seeking an established rental investment.
The accommodation briefly comprises a kitchen/lounge/diner, providing a practical open-plan living space, together with two double bedrooms and a family bathroom.
The property also benefits from rear parking, adding further practicality for both tenants and future occupiers.
Situated within Marshalls Court on Spring Gardens, the apartment is conveniently located for Gainsborough town centre and a range of everyday amenities, with local shops, schools, medical facilities and transport links all readily accessible.
For an investor, the property offers the attraction of an existing tenancy and established rental income from day one, whilst the two-bedroom configuration and convenient location should continue to provide broad appeal within the local rental market.
Key Features:
Two-bedroom apartment Sitting tenant in situ Current rental income of £550 PCM Kitchen/lounge/diner Two double bedrooms Family bathroom Rear parking Convenient Gainsborough location Close to local amenities, schools and medical facilities Attractive investment opportunity
Estate agents operating in the UK are required to conduct Anti-Money Laundering (AML) checks in compliance with the regulations set forth by HM Revenue and Customs (HMRC) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. Our estate agency uses Coadjute' s Assured Compliance service to facilitate the AML checks. A fee will be charged for each individual AML check conducted £45.00 + VAT
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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 |
|---|---|---|---|
| 1.3, Marshalls Court, Spring Gardens Gainsborough DN21 2AG | Flat Leasehold | 27 Aug 2025 | £60,000 |
| 1.2, Marshalls Court, Spring Gardens Gainsborough DN21 2AG | Flat Leasehold | 21 May 2025 | £55,000 |
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 04/06/2026.
Disclaimer - Property reference 100534009762. 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.


