3-bedroom terraced house · DN21 1DG
For saleListed 14 days
Opportunity summary
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About
Three-Bedroom Terraced Home – Ideal First-Time Buy or Investment Opportunity An excellent opportunity to acquire this three-bedroom terraced property, ideally suited to first-time buyers, landlords and investors.
The property offers spacious accommodation over two floors and benefits from a rear yard and on-street parking.
The ground floor comprises a welcoming lounge, separate dining room, kitchen and bathroom. To the first floor are three bedrooms along with a separate WC.
The property would benefit from some modernisation, providing an excellent opportunity for a purchaser to add their own style and potentially enhance its value.
For investors, the property offers an estimated rental income of £650 per month , equating to an attractive gross rental yield of approximately 9.17% (based on the stated figures).
Conveniently located close to a range of local shops, schools and everyday amenities, making this a practical home for families and a potentially appealing addition to an investment portfolio.
EPC Rating: D ENTRANCE Enter via UPVC door into entrance hall with fitted carpet, radiator and stairs to first floor accommodation.
LOUNGE 3.64m x 3.48m Fitted carpet, radiator, feature fireplace, bay window to front door and doors to dining room.
DINING ROOM 3.9m x 3.64m Fitted carpet, radiator, gas fire with surround, door to kitchen and window to rear aspect.
KITCHEN 2.75m x 4.38m Fitted kitchen comprising: wall and base units, stainless steel sink with drainer and mixer taps.
Gas hob, electric oven with extractor fan, space for white goods, window to the side aspect, doors to the rear garden and utility room.
UTILITY ROOM 2.14m x 1.0m Space for white goods, window to the side aspect and door to the bathroom.
BATHROOM 1.96m x 2.73m Fitted four-piece suite comprising: bath, shower cubicle, hand wash basin, WC, tiled walls, vinyl flooring, heated towel rail and window to side aspect.
BEDROOM ONE 3.6m x 4.61m Fitted carpet, radiator, over-stairs storage and window to front aspect.
BEDROOM TWO 3.91m x 2.8m Fitted carpet, radiator, airing cupboard and window to rear aspect.
BEDROOM THREE 3.06m x 2.77m Fitted carpet, radiator and window to the rear aspect.
CLOAKROOM 1.2m x 1.76m WC, hand wash basin, fitted carpet, radiator, part tiled walls and window to side aspect.
EXTERNAL At the front of the property is a buffer garden with a path leading to the front door.
To the rear of the property is a low-maintenance garden with a shed, rear gated access and fencing.
MATERIAL INFORMATION Verified Material Information Costs and tenure Council tax band: A EPC rating: D The building Mid-terrace house, standard brick and block construction Loft: insulated and unboarded, accessed by Through small hole in one of the bedrooms Outside areas: Front garden and Rear garden No spray foam insulation Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: Double glazing Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 great, Vodafone great, Three good, EE good Parking: On Street Not in a controlled parking zone No disabled parking available MATERIAL INFORMATION Risks and restrictions Not a listed building Not in a conservation area No tree preservation order No environmental risks recorded No specialist issues recorded Onward chain: no All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
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.
Area
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FAQ
About Drake Street, Gainsborough, DN21
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