2-bedroom flat · DN21 1LP
For saleListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented ground floor apartment at Furleys Wharf, offering excellent single storey living with two bedrooms and a modern open plan layout, ideal for professionals, downsizers or investors.
Step Inside This well presented ground floor apartment is offered in excellent condition throughout and provides well planned single storey living.
An entrance hallway gives access to all rooms, including a contemporary bathroom, two bedrooms and a bright open plan kitchen, living and dining area that forms the heart of the home.
The layout is practical and modern, with a comfortable flow that suits everyday living as well as entertaining.
Outside The apartment forms part of the popular Furleys Wharf development, a distinctive Riverside conversion combining character features with modern living.
Being positioned on the ground floor, the property offers easy access without the need for stairs, making it an appealing option for a range of buyers including professionals and downsizers seeking an alternative to a bungalow.
Location Furleys Wharf is conveniently located within Gainsborough, offering easy access to the town centre and its range of shops, amenities and transport links.
The property is well suited to professionals, downsizers looking for low maintenance living, or investors seeking a readily lettable apartment in a well established development.
ENTRANCE HALL OPEN PLAN KITCHEN LIVING 19' 6" x 14' 4" (5.94m x 4.37m) BATHROOM 5' 9" x 5' 9" (1.75m x 1.75m) BEDROOM 1 18' 8" x 9' 9" (5.7m x 2.97m) BEDROOM 2 12' 3" x 5' 9" (3.73m x 1.75m) AGENTS NOTE TO BUYERS Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property.
These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees.
Buyers should ensure they seek appropriate financial advice and budget accordingly. AGENTS NOTE The property is Leasehold with 103 years remaning. Service charge - £1680 per annum.
Ground Rent £100 per annum
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Furleys Wharf, Gainsborough, Lincolnshire, DN21
Explore nearby