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See how verdicts work2-bedroom flat · DN21 2HW
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer for sale a two bedroom ground floor apartment located in a gated purpose built block centrally within the market town of Gainsborough with a wealth of amenities including Marshalls Yard retail complex, leisure facilities, cafes and restaurants, supermarkets and a number of educational facilities.
Viewing recommended.
Accommodation The communal entrance door gives access into the Entrance with wooden entrance door giving access into: Entrance Hallway With doors in turn giving access to: L Shaped Kitchen Living Space (5.05m x 2.76m to its maximum dimensions (16'6" x 9) Wooden double glazed French doors giving access out to the gravel garden, wooden double glazed window to the rear elevation.
Fitted kitchen comprising base, drawer and wall units with complementary work surfaces, tiled splashback, inset sink and drainer with mixer tap, space for cooker and low level appliance.
Door giving acces to cupboard housing the hot water cylinder and provision for automatic washing machine.
L Shaped Shower Room With suite comprising w.c, pedestal wash hand basin with tiled splashback, shower cubicle and wall mounted electric heater.
Bedroom One (3.85m x 3.85m (12'7" x 12'7" )) Wooden double glazed window and wall mounted electric heater.
Bedroom Two (2.20m x 2.70m to its maximum dimensions (7'2" x 8) Wooden double glazed window and wall mounted electric heater. Externally L shaped low maintenance gravel garden.
Tenure - Leasehold 150 years from 2022. Service Charge £1,358.86 per annum.
Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'A' 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 at £45.00 + VAT
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 5, Carlisle Mews, Gainsborough
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