Gateford Road

Gateford Road, Worksop, S80 1UQ

Asking Price: £110,000
Freehold | Tenanted Buy-to-Let | Long-Term Occupation Since 2018

Comparable Rental Properties – 165 Gateford Road, Worksop, S80 1UQ

Situated in a well-established residential area of Worksop, within the county of Nottinghamshire, England, this freehold property presents an attractive opportunity for investors seeking a stable, income-producing asset with strong upside potential.

Being sold with long-term tenants in situ (since 2018), the property provides immediate rental income from completion, reducing void risk and offering a proven track record of occupancy.

Property Highlights

• Freehold Title
• Established Residential Location
• Tenants in Occupation Since 2018
• Reliable Rental History
• Scope for Rental Uplift
• Attractive Entry Price

A ready-made investment with both stability and growth prospects.

Rental Overview

Current Rental Income

• £550 pcm
• £6,600 per annum

Achievable Market Rent (Based on Comparables)

• £700 pcm
• £8,400 per annum

This represents a clear opportunity to enhance returns in line with current market conditions.

Gross Yield Analysis

At £700 pcm, the property delivers a significantly stronger yield profile, improving overall investment performance.

Buy-to-Let Investment Scenario

Assumptions:

• Purchase Price: £110,000
• 25% Deposit: £27,500
• Mortgage (75% LTV): £82,500
• 5% Interest-Only BTL Mortgage
• Annual Mortgage Interest: £4,125

Net Income & ROI (Before Other Costs)

At Current Rent (£550 pcm)

• Annual Rent: £6,600
• Less Mortgage Interest: £4,125
• Net Income: £2,475 per annum
• Return on Cash Invested: 9.00%

At Market Rent (£700 pcm)

• Annual Rent: £8,400
• Less Mortgage Interest: £4,125
• Net Income: £4,275 per annum
• Return on Cash Invested: 15.55%

Why This Investment Stands Out

• Freehold ownership – no ground rent or lease restrictions
• Immediate income from completion
• Long-standing tenant reducing turnover risk
• Strong rental uplift potential
• Solid leveraged returns
• Affordable buy-to-let entry point

The combination of secure tenure, rental growth opportunity, and leveraged return potential makes 165 Gateford Road a compelling addition to any investment portfolio.

LET PURE INVESTOR TAKE THE STRAIN AWAY …

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.

• Fully managed lettings and property management service
• Comprehensive coverage throughout England and Wales
• One team, one fee across your full portfolio
• Rental income protection available
• Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team on Tel: 0161 337 3890.

Get in touch with the team