Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · DN21 2JU
For saleListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, three bedroom, end terrace property arranged over three floors and located in the ever popular market town of Gainsborough, just a short walking distance from the market place and picturesque Old Hall.
This well-maintained home would make for an ideal investment opportunity with a tenant already in situ currently achieving £600PCM.
The property briefly comprises; living room, inner hallway with staircase to the first floor, practical ground floor wc, kitchen/dining room.
To the first floor are two bedrooms being served by a family bathroom. To the second floor is a spacious master bedroom with ensuite facilities.
Externally the property is fronted by a low maintenance buffer garden with dwarf brick wall border and iron gateway opening onto a paved pathway providing access to the front entrance door.
To the side of the property is a timber gateway allowing access directly through to a courtyard style garden which is predominantly gravelled with a paved patio area ideal for entertaining.
A further timber gateway opens to the rear of the property where there is a block paved driveway and paved pathway as well as an area for bin storage.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
TO VIEW OR MAKE A BID – Contact DDM Residential GROUND FLOOR KITCHEN 12' 6" x 9' 10" (3.8m x 3m) LIVINGROOM 3.8m x 3.8 1ST FLOOR BEDROOM 2 12' 6" x 12' 6" (3.8m x 3.8m) BEDROOM 3 11' 2" x 5' 11" (3.4m x 1.8m) 2ND FLOOR MASTER BEDROOM 17' 5" x 12' 6" (5.3m x 3.8m) ENSUITE BATHROOM 12' 6" x 6' 11" (3.8m x 2.1m) AGENTS NOTE Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property.
These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees.
Buyers should ensure they seek appropriate financial advice and budget accordingly.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 advisors 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
FAQ
About Church Street, Gainsborough, Lincolnshire, DN21
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