3-bedroom property · DN21 1GT
Sold STCListed 285 days
Opportunity summary
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About
We offer to the market with NO ONWARD CHAIN a three bedroom three storey townhouse located in a popular residential area within the market town of Gainsborough, which is well served with local amenities including Marshalls Yard retail complex, leisure facilities, cafes and restaurants and a number of schools, including the highly regarded Queen Elizabeth High School.
Early viewing is highly recommended.
Accommodation - Composite double glazed entrance door leading into: Entrance Hallway - Stairs rising to the first floor accommodation, radiator, laminate flooring and doors giving access to: Kitchen - 3.09m x 1.95m (10'1" x 6'4" ) - uPVC double glazed window to the front elevastion, fitted kitchen comprising base, drawer and wall units with complementary work surface, tiled splashback, stainless steel sink and drainer with mixer tap, integrated elecrtric oven, four ring gas hob with extractor over, provision for automatic washing machine, space for fridge freezer, radiator and spotlights to ceiling.
Lounge - 4.72m x 4.15m (15'5" x 13'7" ) - Door giving access to useful under stairs storage area, two radiators and fireplace with electric fire feature, coving to ceiling and opening into: Conservatory - 3.26m x 2.38m (10'8" x 7'9" ) - Constructed on a low level wall with uPVC double glazed frame, French doors to the rear access opening to the low level maintained enclosed garden, pitched roof and radiator.
Downstairs W.C. - 1.65m x 1.02m (5'4" x 3'4" ) - Comprising w.c. and hand basin with tiled splashback, laminate flooring continued from the Hallway and radiator.
First Floor Landing - With stairs rising to the second floor accommodation and doors giving access to: Bedroom - 4.14m x 2.96m to the maximum dimensions (13'6" x - uPVC double glazed window to the rear elevation and radiator.
Family Bathroom - 2.16m x 2.07m (7'1" x 6'9" ) - uPVC double glazed window to the side elevation, suite comprising w.c,, pedestal wash hand basin, panel sided bath with part tiled walls, radiator and spotlights to ceiling.
Bedroom Three - 4.17m x 2.64m to its maximum dimensions (13'8" x - Two uPVC double glazed windows to the front elevation and radiator.
Second Floor Quarter Landing - Door giving access to: Master Bedroom - 5.88m x 3.04m (19'3" x 9'11" ) - uPVC double glazed window to the front elevation, two radiators, loft access, fitted triple wardrobe, access to useful storage cupboard and door giving access to: En Suite Shower Room - 2.27m x 1.95n (7'5" x 6'4"n) - Suite comprising w.c, pedestal wash hand basin and shower cubicle, part tiled walls, inset spotlights to ceiling, radiator and window.
Externally - To the front is a low maintenance buffer garden with pathway leading to the entrance door, to the side of this is an outside storage cupboard, housing the combi gas fired central heating boiler, driveway allowing off road parking for multiple vehicles leading to the single brick build garage with up and over door, light and power, To the rear is an enclosed low maintenance garden with patio area and decking area.
Tenure - Freehold - Council Tax - Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'B' 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’
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Ling Drive, Gainsborough
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