3-bedroom terraced house
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin&co are delighted to offer this three-bedroom mid-terrace home with two reception rooms, generous bedrooms, a four-piece bathroom and an enclosed rear garden/yard.
Vacant and ready to move into, with scope to modernise to your own taste. Freehold. Council Tax Band A.D.
Three-Bedroom Mid-Terrace Home | Two Reception Rooms | Generous Bedrooms | Four-Piece Bathroom | Front Buffer & Enclosed Rear Garden | Vacant Possession | Freehold An attractive three-bedroom mid-terrace property on Colville Terrace, Gainsborough, offering spacious accommodation, two separate reception rooms and a practical layout, making it an appealing option for first-time buyers, families or investors alike.
Recently spruced up ahead of coming to market, the property is ready to move into and enjoy, whilst offering scope for a new owner to update and modernise to their own taste over time.
Outside, the property benefits from a front buffer providing a little separation from the pavement, together with an enclosed rear garden/yard offering useful outdoor space.
The accommodation begins with an entrance porch leading into the hallway, where stairs rise to the first floor and doors provide access to both reception rooms.
The front lounge is a comfortable reception space, benefiting from a bay window which allows natural light into the room.
To the rear, the separate dining room provides additional living and entertaining space, with a window overlooking the rear aspect and useful under-stairs storage.
The kitchen is fitted with a range of wall and base units, a stainless-steel sink and drainer, and space for a cooker, washing machine and fridge-freezer.
Tiled flooring and part-tiled walls provide a practical finish, while a door leads out to the enclosed rear garden/yard.
An adjoining utility area offers further space for appliances and houses the wall-mounted boiler, with a separate door leading into the bathroom.
The ground-floor bathroom is particularly well proportioned and features a four-piece suite comprising a bath with shower attachment, a separate shower cubicle, wash basin and WC.
Additional features include tiled flooring, part-tiled walls, a radiator, extractor fan and windows to the side and rear aspects.
To the first floor, the landing provides loft access and leads to three generously proportioned bedrooms.
The principal bedroom is a spacious double room positioned to the front of the property, while bedroom two is another good-sized room overlooking the rear.
Bedroom three offers further flexibility, whether used as a bedroom, nursery, home office or dressing room, depending on requirements.
Externally, the front buffer adds a welcome touch of separation from the street, while the enclosed rear garden/yard provides a private outdoor area with potential to personalise to suit individual needs.
The property is Freehold, falls within Council Tax Band A and has an EPC rating of D.
Offering three bedrooms, two reception rooms, a spacious bathroom and vacant possession, this is a versatile property with plenty to offer.
Whether you're looking for a home you can move straight into and gradually make your own, or an investment opportunity with potential for future rental income, this property is well worth a closer look.
Please contact our Gainsborough office for further information or to arrange a viewing.
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 use Coadjute Assured Compliance to facilitate the aml checks. A fee will be charged for each individual aml check conducted £45.00 + VAT.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
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