Gainsborough: Your Ideal Property Investment Destination in the UK 

October 17, 2023

Gleadells Wharf

Residential riverside properties on the River Trent

64 units from £148,000

Only 20% required now

GROSS RENTAL YIELDS up to 6.5%

When looking at property as an investment class asset there are several things that are incredibly important to consider. Perhaps the most obvious is ‘value’, something which on occasions can be quite difficult to define. 

 

 Finding value in the UK where prices range so greatly from town to town or sometimes even from street to street means that due diligence is key, especially given that the options seem limitless.  

 
One hidden gem that deserves your attention in the hunt for value is Gainsborough. Located in Lincolnshire, Gainsborough offers a unique blend of historical charm, affordable real estate, and promising growth prospects. In this blog, we'll explore why Gainsborough is an excellent location to consider for your property investment in the UK.  

1. Affordable Property Prices 

One of the most compelling reasons to consider Gainsborough is its affordability. Compared to many other parts of the UK, property prices in Gainsborough are significantly lower with neighbouring cities trading at significantly higher levels. This affordability makes it an attractive destination for first-time buyers, families looking to upsize, and property investors seeking to maximize their return on investment.  
 
At an average price point of £270 per square foot this translates to one beds starting from as little as £148,000. 

2. Strong Rental Market 

For property investors, a strong rental market is essential, and Gainsborough doesn't disappoint. The town's affordability attracts tenants, making it relatively easy to find renters for your investment properties. Whether you're interested in traditional long-term rentals or the growing short-term vacation rental market, Gainsborough offers opportunities for both.  
 
Yield numbers will achieve over 6% on all units here. 

 

3. Historical Charm  

Gainsborough boasts a rich history that is reflected in its architecture and character. The town's historic market square, picturesque Georgian streets, and landmarks like Gainsborough Old Hall create a unique and charming atmosphere. Owning property in such a historically significant location can be a source of pride and may also appeal to tourists looking for a memorable stay.  

   

4. Strategic Location  

Situated in the heart of Lincolnshire, Gainsborough enjoys excellent connectivity. It's close to major road networks, including the A1 and M180, making it accessible to major cities like Lincoln, Doncaster, and Sheffield. Additionally, Gainsborough's railway station offers direct links to larger cities and towns including London, making it convenient for commuters and travellers.  

 

5. Investment in Infrastructure  

Gainsborough is experiencing ongoing investment in infrastructure and regeneration projects. This includes the Western Growth Corridor, which aims to bring new housing, employment opportunities, and amenities to the area. These developments are likely to boost property values and enhance the quality of life for residents.  

 

6. Education and Amenities  

Families considering a move to Gainsborough will find excellent educational options, including primary and secondary schools, as well as colleges. The town also offers a range of amenities, including shopping centres, healthcare facilities, and leisure activities, ensuring that residents have everything they need within easy reach.  

 

7. Natural Beauty 

Gainsborough is surrounded by beautiful countryside, with the Lincolnshire Wolds, an Area of Outstanding Natural Beauty, just a short drive away. The town itself features several parks and green spaces, providing opportunities for outdoor activities and relaxation. For nature enthusiasts, this is a significant advantage of living in Gainsborough.  

Conclusion 

In summary, Gainsborough presents a compelling case as a prime location for property investment in the UK. Its affordability, strong rental market, historical charm, strategic location, ongoing infrastructure development, educational institutions, and natural beauty make it an attractive choice for both investors and residents. Whether you're seeking a long-term home or a lucrative real estate investment, Gainsborough is a hidden gem that deserves serious consideration. Don't miss out on the opportunities this charming Lincolnshire town has to offer.  

 

Gleadells Wharf

Residential riverside properties on the River Trent

64 units from £148,000

Only 20% required now

GROSS RENTAL YIELDS up to 6.5%

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GEORGE RADFORD

MANAGING DIRECTOR (UAE &AFRICA)

about the AUTHOR

George is the co-founder of RPA Group and Managing Director of the business in the UK and Africa. A qualified Chartered Surveyor (MRICS) with almost 20 years of property investment experience, George has helped his clients to successfully grow and strengthen residential property portfolios over multiple markets and territories. Active in building and advising upon his client’s investments, George is now focusing on procuring UK investments exclusively for RPA Group clients and investors, providing insightful and strategic advice and opportunities.