3-bedroom terraced house · DN21 1JR
Sold STCListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin&Co are happy to present a terraced house currently listed for sale. This property presents an excellent investment opportunity, with tenants situ paying £425 per calendar month.
Upon entering this residence, you will find a welcoming reception room, providing an ideal space for relaxation and entertaining guests.
The property boasts a practical layout featuring a kitchen that is well-structured to cater to all your culinary needs.The house also features a bathroom, fitted with essential fixtures.
The accommodation further benefits from three well-proportioned bedrooms, offering ample space for a growing family or professionals sharing.
One of these bedrooms is an attic room, providing additional living space that can be utilised according to your needs.
This house encompasses all the essential elements required for comfortable living and is perfect for those seeking a good return on their investment.
With tenants already in place, this property represents a ready-made rental opportunity for any savvy investor.
To summarise, this three-bedroom terraced house presents a great investment opportunity with a steady rental income.
Its arrangement with one reception room, one kitchen, and one bathroom, including an attic room, ensures a versatile living space ready to accommodate its new owners.
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 4.50% 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
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 Portland Terrace, Gainsborough
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