1-bedroom flat · DN21 1ZS
Listing removedReduced £2.5k (−2.5%) on 1 AugListed 233 days
Opportunity summary
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About
Reference RF0897 - A great opportunity to purchase this impressive 1 bedroom ground floor apartment, only circa 5 years old and beautifully appointed and equipped with an enviable specification.
Built by Messrs Beal Homes, this great starter home is located on the ever popular Swale development of Gainsborough and comes equipped with a generous enclosed rear garden.
Accommodation briefly comprises of a reception hall with useful store cupboard, open plan 22'0'' living kitchen, double bedroom and a spacious shower room.
The kitchen is contemporary in design and comes equipped with a wide range of Neff appliances including a built in oven, hob, extractor fan, fridge freezer and microwave.
2 parking spaces are allocated in the communal care park directly to the rear and can be accessed from the rear garden. The property comes equipped with gas central heating and upvc double glazing.
Council tax band A and EPC rating B. Full details below. Obscure double glazed door to the Reception Hallway. Useful store cupboard. Radiator Open plan living kitchen.
22'9'' x 8'6'' widening to 11'4'' With upvc double glazed double doors opening to the rear garden. Radiator and upvc double glazed window to the front elevation.
A comprehensive range of contemporary units to the base and high level with a complimenting rolled edge work surface and inset Franke 1 1/2 bowl sink unit by Franke and mixer tap.
Fantastic range of built in appliances by Neff, comprising of a fitted oven, 4 ring touch hob, extractor fan, fitted microwave, fridge and freezer. Master Bedroom.
10'9'' x 10'1'' With upvc double glazed window enjoying an aspect over the rear garden. Radiator and ample space for wardrobes. Spacious Shower Room.
8'3'' x 7'0'' With a modern 3 piece suite comprising of a low level wc, wash hand basin and double width shower cubicle with tiled walls. Upvc double glazed window to the front elevation. Radiator.
Outside. A wonderful enclosed garden with formal lawns and patio area. A gate leads through the back to the adjoining car park where 2 parking spaces are allocated to the property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About 106 Bob Rainsforth Way, Gainsborough
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