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 bungalow · DN21 1AX
For saleReduced £10k (−3.5%) on 4 AugListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market a four bedroom detached bungalow located in a popular residential area of Gainsborough offered for sale with no onward chain for ease of purchase. Viewing recommended.
Local amenities including Marshall Yard retail complex, eateries, leisure facilities and a range of schooling including the highly regarded Queen Elizabeth High School.
Accommodation UPVC double glazed entrance door leading into: Entrance Hallway Solid flooring, coving to ceiling and doors in turn giving access to: Lounge Diner (7.34m x 3.64m to its maximum dimensions (24'0" x 1) UPVC double glazed windows to the front and side elevations, two radiators, coving to ceiling and double glazed patio doors to the rear elevation giving access out to: Conservatory (3.88m x 2.40m (12'8" x 7'10" )) Constructed on a uPVC double glazed frame with radiator and patio doors giving access out to the block paved patio area.
Kitchen (3.34m x 2.70m (10'11" x 8'10" )) UPVC double glazed window and entrance door to the rear elevation, fitted kitchen comprising base, drawer and wall units with complementary work surface, inset sink and drainer with mixer tap, integrated electric oven, four ring gas hob with extractor over, space for dishwasher, larder cupboard and door giving access into storage cupboard which has provision for automatic washing machine, range of shelving and housing the gas fired central heating boiler.
Master Bedroom (4.50m x 3.61m (14'9" x 11'10" )) UPVC double glazed window to the front elevation, radiator, coving to ceiling.
Bedroom Two (3.49m x 2.69m (11'5" x 8'9" )) UPVC double glazed window to the front elevation, radiator and coving to ceiling.
Bedroom Three (2.70m x 3.26m to the front of the fitted wardrobes) UPVC double glazed window to the rear elevation, radiator, coving to ceiling and fitted wardrobes.
Bedroom Four (2.71m x 2.08m (8'10" x 6'9" )) UPVC double glazed window to the front elevation, radiator, coving to ceiling and useful storage cupboard.
Bathroom (2.71m x 2.69m to its maximum dimensions (8'10" x 8) UPVC double glazed window to the rear elevation, suite comprising w.c., pedestal wash hand basin, panel sided bath, separate shower cubicle, tiled walls and flooring, radiator and loft access.
Externally To the front are two block paved driveways allowing off road parking, one leading to the attached single Garage with up and over door, light and power, a second leading to double gates giving access to the enclosed rear garden with block paved patio area and sloped garden mainly set to lawn with mature borders.
Tenure - Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'C' 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
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
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FAQ
About 16, Mayflower Close, Gainsborough
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