3-bedroom terraced house · DN21 1AW
Sold STCListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market a three bedroom mid terrace house located to the south side of the market town of Gainsborough and benefitting from gas central heating, uPVC double glazing and gardens to the front and rear.
The towns numerous amenities are accessible including highly regarded retail outlets, transport links, leisure and medical facilities and the towns wealth of schools. Viewing recommended.
Accommodation UPVC double glazed entrance door with windows to the front and side elevation leading into: Entrance Porch (1.39m x 1.25m (4'6" x 4'1" )) Door giving access into useful storage cupboard and further door giving access into: L Shaped Lounge Diner (7.04m x 5.34m to its maximum dimensions (23'1" x 1) Double glazed window to the front elevation and double glazed patio doors to the rear elevation giving access out to the garden, stairs rising to the first floor accommodation, two radiators, coving to ceiling and door giving access to: Kitchen (2.95m x 2.53m (9'8" x 8'3" )) UPVC double glazed entrance door and window to the rear elevation looking out to the rear garden, fitted kitchen comprising base and wall units with complementary work surface, tiled splashback, inset sink and drainer with mixer tap, space for cooker and fridge freezer, inset spotlights to ceiling and wall mounted gas fired central heating boiler.
First Floor Landing With doors giving access to: Master Bedroom (3.98m x 3.26m (13'0" x 10'8" )) Two uPVC double glazed windows to the front elevation and radiator.
Bedroom Two (3.25m x 3.06m (10'7" x 10'0" )) UPVC double glazed window to the rear elevation and radiator.
Bedroom Three (2.84m x 1.97m (9'3" x 6'5" )) UPVC double glazed window to the front elevation, radiator, shelving unit.
Family Bathroom (2.11m x 1.97m (6'11" x 6'5" )) UPVC double glazed window to the rear elevation, suite comprising w.c, pedestal wash hand basin, panel sided bath with mixer shower over, part tiled walls and radiator.
Externally To the front is a low maintenance gravel garden with steps leading up to the front entrance door.
To the rear is an extended enclosed garden mainly set to lawn with a variety of shrubs, bushes and flowering plants and patio area.
Tenure - Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'A' Estate agents operating in the UK are required to conduct Anti-Money Laundering (aml) checks in compliance with the regulations set forth by hm Revenue and Customs (hmrc) for all property transactions.
It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed.
Our estate agency uses Coadjute’s Assured Compliance service to facilitate the aml checks. A fee will be charged for each individual aml check conducted at £45.00 + VAT.
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
Agent & docs
FAQ
About 9 Bankside, Lea Road, Gainsborough
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