2-bedroom terraced house · DN21 1JL
For saleReduced £2k (−3.6%) on 6 OctListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
End-terrace home with potential! One-bedroom property with versatile attic room, first-floor bathroom, generous dining kitchen and enclosed rear yard.
Requiring some updating but offering an ideal opportunity for a first-time buyer to make their mark over time.
End-terrace home – one double bedroom – versatile attic room – first-floor bathroom – generous dining kitchen – enclosed rear yard – some updating required – ideal first-time buy – potential investment opportunity – freehold For those looking to take their first step onto the property ladder, this property offers an excellent opportunity to purchase an end-of-terrace home with plenty of scope to make it your own.
The property is now ready for its next chapter and would benefit from some updating and attention in places.
Importantly, this is an opportunity where improvements can be made gradually over time, allowing a new owner to put their own stamp on the property and make changes as their budget allows.
The ground floor provides a particularly useful generous dining kitchen, offering plenty of space for both cooking and dining and creating a sociable heart to the home.
There is also a separate reception/living area. To the first floor is a good-sized double bedroom, together with the main bathroom.
The property also benefits from a versatile attic room, providing useful additional space which could be utilised as a home office, hobby room, dressing room or simply for storage.
There is also potential for the attic space to be considered for use as an additional bedroom, subject to the necessary building regulations, permissions and confirmation of its suitability for the intended purpose.
Outside, the property benefits from an enclosed rear yard, providing a low-maintenance outdoor space.
Various works and improvements have been started within the property, although some remain unfinished.
For a new owner, this provides the opportunity to complete and update the property according to their own tastes and requirements.
Equally, for a first-time buyer, there is the option to move in and make improvements gradually over time rather than taking on everything at once.
The property is conveniently situated for access to Gainsborough town centre, with a range of shops, cafés, restaurants and everyday amenities nearby.
Marshall's Yard is also within easy reach, whilst the town's railway connections provide access towards Lincoln, Doncaster and Sheffield.
For investors, the property may also warrant consideration given its manageable size, end-of-terrace position and potential for improvement.
In our opinion, this is a property offering genuine potential without needing to be viewed simply as a renovation project.
It provides an excellent opportunity for a first-time buyer to get onto the property ladder, enjoy the property as it is and gradually create a home to their own taste, whilst the additional attic space provides an appealing element of versatility.
An internal viewing is highly recommended to appreciate the space, layout and potential on offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 2, Clinton Terrace, Gainsborough
Explore nearby