2-bedroom flat · DN21 2HW
No longer listedListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2-bedroom first floor flat, located within a secure gated development, within convenient walking distance of Gainsborough town centre.
Location - Carlisle Mews is located only a short distance from the market square and Gainsborough town centre, which has a range of local amenities including shops, restaurants, market square, cinema and the highly acclaimed Marshall’s Yard shopping centre.
The property is located within a modern electric-gated development.
Description - The accommodation comprises reception hall with door intercom system, open-plan contemporary-style living/kitchen with new range of appliances, two bedrooms, access to enclosed low maintenance rear garden, modern bathroom, secure off-road parking areas.
Accomodation - Communal entrance hall with door entry system, steps up to first floor landing. Reception hall.
Living/Kitchen - 3.78 x 3.87 (12'4" x 12'8") - Modern open-plan beech-style living/kitchen comprising single drainer stainless steel sink unit set into worktops with cupboards and drawers below, matching wall cupboards, extractor fan, washing machine, refrigerator and Beko slot-in cooker, built-in tank cupboard with immersion heater, night-storage radiator.
Bedroom 1 - 3.03 x 2.81 (9'11" x 9'2") - With electric radiator. Bedroom 2 - 2.72 x 2.19 (8'11" x 7'2") - Fitted with electric radiator.
Bathroom - 1.69 x 1.77 (5'6" x 5'9") - With modern suite comprising – panelled bath with shower screen and plumbed shower over, low flush WC, pedestal washbasin with dressing mirror over, electric shaver/light point, wall mounted convector.
Outside - Allocated parking space, access via electric gates. General Remarks - Services - Main water, electricity and drainage. Electric heating.
Viewing - Viewing is strictly by appointment via the Joint Selling Agent.
Identity Check - Applicants will be required to provide the necessary identification for the purposes of the anti-money laundering regulations.
Joint Agent - Silcock & Partners Gamston Wood Farm, Upton, Retford, Nottinghamshire DN22 0RB / l
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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About Carlisle Mews, Gainsborough
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