We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DN21 2TS
Listing removedReduced £5k (−5.6%) on 21 JunListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market a two bedroom end of terrace house with no onward chain for ease of purchase, located in a popular established residential area within the market town of Gainsborough, which is well served with amenities including Marshall’s Yard Retail complex, cafes/restaurants, leisure facilities and schools including the well regarded Queen Elizabeth High School.
The property benefits from UPVC double glazing and gas central heating.
Accommodation UPVC double glazed entrance door leading into: Lounge (3.52 x 3.35 (11'6" x 10'11")) UPVC double glazed window to the front elevation, radiator and wall mounted electric fire feature.
Door giving access into: Dining Room (3.62 x 3.54 (11'10" x 11'7")) UPVC double glazed window to the rear elevation and radiator.
Door giving access to stairs rising to the first floor accommodation and a second door from the dining room leading into: Kitchen (3.64 x 1.93 (11'11" x 6'3")) UPVC double glazed entrance door to the side elevation two UPVC double glazed windows to the side elevation, fitted kitchen comprising base, drawer and wall units with complementary work surfaces and tiled splashback, inset sink and drainer with mixer tap, four ring gas hob and integrated electric oven, provision for washing machine, radiator.
First Floor Landing Radiator and doors giving access to: Bedroom One (3.51 x 3.35 (11'6" x 10'11")) UPVC double glazed window to the front elevation radiator and storage closet.
Bedroom Two (3.65 x 3.63 (11'11" x 11'10")) UPVC double glazed window to the rear elevation and radiator.
Bathroom (2.47 x 1.94 (8'1" x 6'4")) UPVC double glazed window to the rear elevation, three-piece suite comprising w.c., pedestal wash hand basin with tiled splashback, panel sided bath with tile splashback and mixer shower over, radiator.
Externally Externally to the front is a low maintenance paved area with potential for off-road parking and to the rear is an enclosed garden mainly set to lawn with brick built storage sheds.
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
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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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 advisers 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
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FAQ
About 347, Ropery Road, Gainsborough
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