3-bedroom house · DN21 5HP
Listing removedListed 155 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 a three bed semi detached house requiring a comprehensive scheme of modernisation being located in the popular village of Lea, to the south side of the market town of Gainsborough, which is well served with amenities including Marshalls yard retail complex, cafés and restaurants, supermarkets, leisure facilities and a number of educational establishments including the well-regarded Queen Elizabeth High School.
Viewing is recommended to avoid disappointment.
Entrance Hallway UPVC double glazed entrance door leading into entrance hallway with stairs rising to the first floor accommodation and door giving access into: Lounge (4.05m x 3.99m (13'3" x 13'1")) UPVC double glazed window to the front elevation, wall mounted electric heater, open fronted gas fireplace with back boiler central heating, coving to ceiling and door giving access into Kitchen (3.30m x 2.63m (10'9" x 8'7")) UPVC double glazed window to the rear elevation and wooden part glazed door to the rear elevation, fitted kitchen comprising of base, drawer and wall units with complementary work surfaces, tiled splashback, inset stainless steel sink and drainer, radiator, part glazed wooden doorway from kitchen into Sunroom (3.27m x 2.06m (10'8" x 6'9")) Constructed of a wooden low level panel with wooden single glazed windows and entrance door to the rear elevation given access out to the enclosed rear garden, radiator and door giving access into coal shed/pantry measuring 1.68m x 0.93m Bathroom (1.63m x 1.67m (5'4" x 5'5")) UPVC double glazed window to the side elevation, pedestal wash hand basin, panel sided bath with tiled splashback and door giving access to: W/C (1.74m x 0.90m (5'8" x 2'11")) UPVC double glazed window to the side elevation, low level WC and part wood panel walls.
First Floor Landing UPVC double glazed window to the side elevation, loft access and doors in turn giving access to: Master Bedroom (4.07m x 3.07m (13'4" x 10'0")) UPVC double glazed window to the front elevation, radiator, door giving access into useful storage cupboard measuring 1.27m x 0.19m, UPVC double glazed window to the front elevation.
Bedroom Two (3.58m x 2.61m (11'8" x 8'6")) UPVC double glazed window to the rear elevation and radiator.
Bedroom Three (2.67m x 2.35m (8'9" x 7'8")) UPVC double glazed window to the rear elevation with countryside views, fitted storage cupboard housing the hot water cylinder.
Externally Externally to the front is a mature garden mainly set to lawn with mature planted borders and to the rear with countryside views is a mature garden with lawned area, patio, coal shed, further shed and vegetable plot Tenure Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'A Buyer Note 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
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 6, The Crescent, Gainsborough
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