3-bedroom property · DN21 1WJ
For saleListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the open market a three bedroom three storey end town house located on a popular residential area of Gainsborough with access to numerous local amenities including leisure facilities, schools, cafes and restaurants and the town centre.
Gainsborough is well located for commuting to surrounding market towns and the cathedral city of Lincoln via road or rail.
Viewing recommended Accommodation Composite double glazed entrance door leading into: Entrance Hallway With wooden park style flooring, radiator, stairs rising to the first floor accommodation, useful storage cupboard and doors giving access to: Shower Room (3.05m x 0.86m (10'0" x 2'9" )) Suite comprising w.c, pedestal wash hand basin with tiled splashback and shower cubicle, flooring continued from the Hallway and radiator.
Utility Room (2.34m x 1.96m (7'8" x 6'5" )) Composite double glazed entrance door to the rear elevation, fitted base and drawer units with complementary worksurface, inset stainless steel sink and drainer with mixer tap, tiled splashback, provision for automatic washing machine, wall mounted gas fired central heating boiler, radiator and tiled flooring.
Bedroom Three (2.62m x 2.37m (8'7" x 7'9" )) UPVC double glazed window to the rear elevation and radiator. Conservatory (3.40m x 2.36m (11'1" x 7'8" )) Door from Utility Room.
Constructed on a low level brick wall with uPVC windows to either side elevation and rear elevation and double glazed French doors to the rear elevation, giving access to the enclosed garden, tiled flooring.
First Floor Landing Radiator, stairs rising to the second floor accommodation and doors giving access to: Lounge (4.75m x 4,73m to its maximum dimensions (15'7" x 1) UPVC double glazed window to the front elevation and uPVC double glazed French doors with Juliet balcony, marble fireplace and hearth with painted wood surround and mantle and open fronted gas fire, two radiators and coving to ceiling.
L Shaped Kitchen Diner (4.72m x 3.93m to its maximum dimensions (15'5" x 1) UPVC double glazed window to the rear elevation, fitted kitchen comprising base, drawer and wall units with complementary work surface, tiled splashback, inset stainless steel sink and drainer with mixer tap, integrated electric oven, four ring gas hob with extractor over, space for low level appliance and space for fridge freezer, radiator.
Second Floor Landing With loft access and doors giving access to: Master Bedroom (4.72m x 3.84m (15'5" x 12'7" )) Two uPVC double glazed windows to the front elevation, radiator and wooden park style flooring.
Door giving access to: En Suite Bathroom (2.07m x 1.77m (6'9" x 5'9" )) Comprising w.c., pedestal wash hand basin and panel sided bath with mixer shower over, tiled splashbacks and radiator.
Bedroom Two (4.73m x 3.48m to its maximum dimensions (15'6" x 1) Two uPVC double glazed windows to the rear elevation, radiator and wooden park style flooring, useful storage cupboard and door giving access to: En Suite Shower Room (1.79m x 1.74m (5'10" x 5'8" )) Suite comprisng w.c., pedestal wash hand basin and shower cubicle, part tiled walls, radiator and park style wooden flooring.
Externally To the front is a driveway allowing off road parking and leading to the integral garage with door, light and power.
The rear enclosed low maintenance garden has patio areas and planted borders.
Tenure - Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'B' 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
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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
Agent & docs
FAQ
About 4, The Alders, Gainsborough
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