2-bedroom semi-detached house · DN21 2LL
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market with no onward chain for ease of purchase a traditionally built three bedroom semi detached house located in a popular residential area within the market town of Gainsborough which has a wealth of amenities including Marshall yard retail complex, a number of schools including the Queen Elizabeth High School, cafes and restaurants, leisure facilities and transport links.
Early viewing is recommended to avoid disappointment.
Accommodation UPVC double glazed entrance door leading into Storm Porch with tiled flooring and glazed wooden entrance door leading into: Entrance Hallway Stairs rising to first floor accommoation, radiator and door giving acces to: Dining Room (3.77m x 3.69m (12'4" x 12'1")) UPVC double glazed window to the rear elevation, radiator, coving to ceiling, fireplace with electric fire feature and display cabinet built into alcove, folding doors giving access into: Lounge (4.08m x 3.51m to its maximum dimensions (13'4" x 1) UPVC double glazed bay window to the front elevation, radiator, coving to ceiling, tiled fireplace and hearth with brick built surround, mantle and electric fire feature.
Kitchen (3.92m x 2.42m (12'10" x 7'11" )) Doorway from Dining Room.
UPVC double glazed window to the side elevation, fitted kitchen comprising base, drawer and wall units with complementary work surfaces, tiled splashback, inset stainless steel sink and drainer with mixer tap, integrated electric oven, four ring electric hob with extractor over, space for fridge freezer, tiled flooring, access to useful understairs storage area, wall mounted gas fired central heating boiler, uPVC double glazed entrance door to the side elevation.
Doorway giving access into: Utility Area (2.43m x 2.03m (7'11" x 6'7" )) UPVC double glazed window to the side elevation, fitted work surface and base unit, provision for automatic washing machine, space for dryer, tiled flooring, radiator and double wall mounted cupboard.
Door giving access into: Shower Room (2.44m x 1.60m (8'0" x 5'2" )) UPVC double glazed window to the side elevation, suite comprising low level w.c., wash hand basin and shower cubicle with electric shower, radiator.
First Floor Landing With doors giving access to: Master Bedroom (4.58m x 3.52m (15'0" x 11'6" )) UPVC double glazed window to the front elevation, radiator, storage cupboard built into alcove and further useful storage cupboard.
Bedrdoom Two (3.86m x 2.87m (12'7" x 9'4" )) UPVC double glazed window to the rear elevation, radiator, wardrobe built into alcoves and storage cupboard.
Bedroom Three (2.43m x 2.18m (7'11" x 7'1")) UPVC double glazed window to the rear elevation and radiator.
Bathroom (1.69m x 1.57m (5'6" x 5'1" )) UPVC double glaze window to the side elevation, suite comprising w.c., pedestal wash hand basin and panel sided bath, radiator, wall mounted electric heater.
Externally To the front is a wall and gated low maintenance buffer garden with pathway leading to the front entrance door and side passage to the gated rear garden which has astroturf, raised seating area and gate leading to a further slabbed patio with low maintenance gravel garden, mature planted borders and uPVC door giving access into brick built storage 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
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 14, Forster Street, Gainsborough
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