2-bedroom terraced house · DN21 2JQ
To rentListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tower Street, Gainsborough, DN21 2JQ – £650 pcm A well-presented three-bedroom mid-terraced home offering spacious accommodation across three floors, conveniently positioned close to Gainsborough town centre and a range of local amenities.
The ground floor benefits from a particularly generous open-plan lounge and dining area, providing plenty of space for both living and dining furniture.
To the rear is a fitted kitchen with a range of white wall and base units, contrasting worktops, integrated oven and hob, and space for additional appliances.
There is also the added convenience of a separate ground-floor WC.
Upstairs, the first floor provides two bedrooms together with the main bathroom, fitted with a white three-piece suite comprising bath with shower over, wash basin and WC.
A further staircase leads to the spacious attic bedroom, which benefits from a Velux-style roof window providing plenty of natural light and giving the property useful additional accommodation.
Externally, the property has an enclosed rear courtyard/garden area, with gated access to the rear.
The property is offered unfurnished at £650 pcm and is ideally situated for access to Gainsborough town centre.
Gainsborough Central railway station is approximately 400 metres away, with shops, supermarkets and other everyday amenities also within easy reach. Early viewing is recommended.
Council Tax Band A EPC Rating D Minimum term of 2 months Deposit equal to 5 weeks rent Holding Deposit equal to 1 weeks rent This property is offered on an Assured Periodic Tenancy, meaning there is no fixed term.
The tenancy is open-ended from the start and runs on a rolling basis. The tenant may end the tenancy by giving a minimum of 2 months notice in writing.
All applicants will be required to pass referencing including an employment income check with a verifiable annual household income of at least 30 times the monthly rent, full credit check, landlords reference and right to rent checks.
Self will require a minimum of 12 months accounts.
Where a guarantor is also required, they will need to be a home owner with a verifiable annual household income of at least 36 times the monthly rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 52 Tower Street, Gainsborough
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