We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · DN21 5HS
For saleReduced £20k (−5.4%) on 10 OctListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market a three/four bedroom traditionally built detached house with no chain located in the popular village of Lea on the outskirts of the market town of Gainsborough and having transport links to the cathedral city of Lincoln which offer a variety of amenities and educational facilities.
Viewing Recommended to appreciate the versatile accommodation and potential for further development subject to planning.
Accommodation UPVC double glazed entrance door with side windows leading into: Entrance Hallway Return staircase leading to the first floor accommodation with storage under, uPVC double glazed window to the rear elevation, laminate flooring, two radiators and doors in turn giving access to: Lounge (4.85m with recess into bay window x 3.76m (15'10) UPVC double glazed bay window to the front elevation, uPVC double glazed window to the side elevation and uPVC double glazed patio doors to the rear elevation giving access to the Conservatory, tiled fireplace and hearth with painted wood surround and inset close fronted real fire, coving to ceiling.
Conservatory (3.36m x 2.94m (11'0" x 9'7" )) Constructed on a low level brick build wall with uPVC double glazed framework, pitched roof, French doors to the side elevation and laminate flooring.
Dining Room (5.19m with recess into bay window x 3.97m (17'0") UPVC double glazed bay window to the front elevation and uPVC double glazed window to the side elevation, two radiators, brick built fireplace, coving to ceiling.
W..C (1.82m x 0.89m (5'11" x 2'11" )) UPVC double glazed window to the rear elevation, suite comprising w.c. And hand basin mounted on vanity unit, part tiled walls and chrome heated towel rail.
Breakfast Kitchen (3.95m x 3.72m (12'11" x 12'2" )) UPVC double glazed windows to the rear and side elevations, fitted kitchen comprising base, drawer, wall and larder units with complementary work surface and breakfast bar, inset sink and drainer with mixer tap, space for cooker, radiator, laminate flooring and stable style entrance door to the rear elevation.
Door giving access to: Utility Room (3.02m x 1.52m (9'10" x 4'11" )) UPVC double glazed window to the side elevation, fitted base, drawer and wall units with complementary work surface, stainless steel sink and drainer with mixer tap, provision for automatic washing machine, space for dryer and fridge freezer, inset spotlights to ceiling and laminate flooring.
Door giving access into: Garage With up and over door, light and power. Wall mounted gas fired central heating boiler. Study/Third Reception Door from Kitchen.
UPVC double glazed windows to either side elevations, radiator, laminate flooring, shower cubicle and door giving access to: Craft Room (3.10m x 1.89m (10'2" x 6'2" )) UPVC double glazed windows to the rear and side elevation and radiators.
First Floor Landing Loft access, radiator and doors in turn giving access to: Master Bedroom (4.86m x 3.77m to its maximum dimensions (15'11" x) UPVC double glazed windows to the front, rear and side elevations, range of fitted furniture including low level cupboard, drawers, dressing table and wardrobes with overhead storage cupboards, two radiators, coving to ceiling.
Bedroom Two (5.18m x 3.95m (16'11" x 12'11" )) UPVC double glazed windows to the front and side elevation, radiator and range of fitted bedroom furniture.
Bedroom Three (2.79m x 1.77m (9'1" x 5'9")) UPVC double glazed window to the front elevation and radiator.
Family Bathroom (3.95m x 2.40m (12'11" x 7'10" )) UPVC double glazed window to the rear elevation, suite comprising w.c, hand basin mounted in vanity unit and panel sided bath with mixer shower over, part tiled walls, chrome heated towel rail and useful airing cupboard.
Externally To the front the driveway allows off road parking for multiple vehicles leading to the single Garage with the front garden mainly laid to lawn with mature planted borders and pathway giving access to the enclsoed rear garden which is also mainly set to lawn with well stocked borders, patio area, summer house and shed to the rear.
Tenure - Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'D' 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
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
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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
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FAQ
About 28, Gainsborough Road, Gainsborough
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