3-bedroom terraced house · DN21 1DW
To rentReduced £50 (−6.7%) on 3 OctListed 215 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Gainsborough is a market town in the West Lindsey district of Lincolnshire, 18 miles north-west from the city of Lincoln.
The area is served by many local amenities including supermarkets and local schooling.
ACCOMMODATION The property has accommodation briefly comprising of a Lounge leading to separate Dining Room and modern Kitchen and Bathroom to the Ground Floor.
To the First Floor there are Two double Bedrooms and a Third Bedroom to the Second floor. The property also benefits from gas central heating and uPVC double glazing.
OUTSIDE The property has an enclosed rear yard with an outhouse. On street parking is available within the local area. DISCLAIMER Please note marketing images shown were taken in 2022.
RENT AND DEPOSIT The asking Rent for the property is £750.00 per calendar month and the Tenancy Deposit is £865.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £170.00.
TENANCY TERM The property is to be let with an initial 12 month fixed term, unless negotiated otherwise. VIEWING By prior appointment through Mundys.
CHARGES TO TENANTS There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - RENTERS RIGHTS ACT 2025 New legislation is to be implemented in May 2026 and will affect existing and new tenancies.
More information on the changes is available at:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Gordon Street, Gainsborough
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