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 house · DN21 2EW
Listing removedReduced £5k (−8.3%) on 15 SepListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally situated in a central and highly convenient location within Gainsborough, this deceptively spacious terraced home offers a superb opportunity for first-time buyers looking to step onto the property ladder or investors.
Offered to the market with no onward chain, the property allows for a smooth and straightforward purchase.
The home enjoys close proximity to a wide range of everyday amenities, including local shops, popular pubs, restaurants, and the well-regarded Marshall’s Yard shopping centre, which provides an extensive selection of retail, dining, and leisure facilities - all within easy reach.
Internally, the property offers well-proportioned and versatile living accommodation.
The ground floor briefly comprises a welcoming lounge, a separate dining room ideal for entertaining, and a fitted kitchen with ample storage and workspace.
To the first floor are two generous double bedrooms, both offering comfortable proportions and natural light, serviced by a family bathroom suite.
Externally, the property benefits from a fully enclosed, low-maintenance rear garden, providing a private and secure outdoor space perfect for relaxing or entertaining.
A useful outbuilding to the rear adds valuable additional storage or potential for a variety of uses.
With its central location, spacious layout, and excellent potential, this property must be viewed to be fully appreciated. Early viewing is highly recommended. EPC Rating: D
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 40 Etherington Street, Gainsborough
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