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 work2-bedroom flat · DN21 3BL
Listing removedListed 1818 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very rare opportunity to purchase this superb 3rd floor apartment, located within the highly desirable and very well regarded gated development in Morton known as The Wharf.
Boasting River Views and well laid out living space, this 2 bed luxury apartment will no doubt appeal to buy to let landlords who will no doubt find the long term rental possibilities appealing at £675pcm.
The property is to be sold with an ongoing tenancy with a rental income of the same £750pcm.
Accommodation briefly comprises of a reception hall with walk in store cupboard, Impressive open plan living kitchen with range of fitted appliances and stunning river views through the french doors and picture windows, 2 double bedrooms and a modern bathroom.
Externally a balcony provides outside s[ace which again benefit from the river views, together with a single garage and driveway area.
A very rare opportunity to purchase this superb 3rd floor apartment, located within the highly desirable and very well regarded gated development in Morton known as The Wharf.
Boasting River Views and well laid out living space, this 2 bed luxury apartment will no doubt appeal to buy to let landlords who will no doubt find the long term rental possibilities appealing at £625pcm.
The property is to be sold with an ongoing tenancy with a rental income of the same £625pcm.
Accommodation briefly comprises of a reception hall with walk in store cupboard, Impressive open plan living kitchen with range of fitted appliances and stunning river views through the french doors and picture windows, 2 double bedrooms and a modern bathroom.
Externally a balcony provides outside s[ace which again benefit from the river views, together with a single garage and driveway area. Doorway to the reception hall Useful understairs store cupboard.
Electric heater. Doors to principal rooms.
Open plan modern kitchen 22' 5" x 10' 11" (6.83m x 3.33m) Boasting superb views over the River Trent through the French doors and large picture windows to the front, this room offers spacious living space and a comprehensive range of modern units to the base and high level.
A range of fitted appliances are offered with an integral fridge, washing machine and stainless steel oven with 4 ring hob and extractor fan over. 2 Heaters and recessed spot lights.
Bedroom one 15' 2" x 10' 5" (4.62m x 3.18m) With stunning river views via the large doube glazed picture windows to the front elevation. 2 Double fronted mirrored wardrobes.
Bedroom two 10' 11" x 10' 11" (3.33m x 3.33m) With upvc double glazed double doors to the rear elevation. Electric heater.
Modern family bathroom 7' 0" x 6' 7" (2.13m x 2.01m) With a modern white 3 piece suite comprising of a low level wc and wash hand basin set in a vanity unit, twin grip panel bath with shower over and fully tiled walls to the suite area.
Heated towel rail. Outside Balcony enjoying a stunning River View to the front elevation. The apartment occupies an enviable location within a desirable gated development.
A driveway provides off street parking and leads to the single garage with an up and over door, light, power and personal door to the communal entrance area.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 17, The Wharf, Gainsborough
Explore nearby