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See how verdicts work3-bedroom terraced house · DN21 1LD
Sold STCListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional 2 bedroom plus attic room terrace house sold as a ready to go buy to let investment opportunity with the benefit of an ongoing tenancy of approaching 16 years with a current rent figure of £400pcm.
( 7% gross yield PA) Accommodation briefly comprises of a lounge diner, kitchen, bathroom, 2 first floor bedrooms and an additional attic room.
The property comes equipped with gas central heating and majority upvc double glazed windows.
Externally, an enclosed rear yard is provided Doorway to ENTRANCE PORCH LOUNGE DINER 25' 10" x 11' 10" (7.87m x 3.61m) Double glazed window to the front, feature fireplace with coal effect fire, radiator and double glazed window to the rear.
KITCHEN 13' 3" x 6' 5" (4.04m x 1.96m) With a range of units to base and high level, work surfaces, inset stainless steel sink and drainer, tiled flooring, cooker point, plumbing for washing machine, radiator and double glazed window and doorway to the side.
DOWNSTAIRS BATHROOM With three piece suite comprising of low level WC, pedestal wash hand basin, bath, wall mounted central heating boiler and double glazed window to the side.
FIRST FLOOR LANDING Doors to BEDROOM ONE 12' 0" x 11' 11" (3.66m x 3.63m) Double glazed window to the front and radiator.
BEDROOM TWO 10' 11" x 9' 1" (3.33m x 2.77m) Double glazed window to the rear and radiator. ATTIC ROOM 10' 10" x 10' 10" (3.3m x 3.3m) Double glazed window to the front and radiator.
OUTSIDE Externally there is an enclosed rear yard. This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional
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
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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 Ashcroft Road, Gainsborough
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