3-bedroom terraced house · DN21 2JQ
Listing removedListed 129 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Family home close to the town centre and local amenities. The accommodation comprises of kitchen, lounge, dining room, two bedrooms, a spacious attic room and courtyard garden to rear.
The property is unfurnished and viewing is recommended! PHOTOS TAKEN BEFORE PREVIOUS TENANCY Council Tax Band A EPC D EPC rating: D. Entrance Enter via UPVC door into lounge.
Lounge 3.8m x 2.89m (12'6" x 9'6") Window to the front aspect, cupboard housing metres, radiator, fitted carpet and arch opening to the dining area.
Dining Area 2.99m x 3.64m (9'10" x 11'11") Window to the rear aspect, radiator, fitted carpet, opening to kitchen, doors to storage cupboard and stairs to first floor.
Kitchen 2.41m x 1.79m (7'11" x 5'10") Fitted kitchen comprising; wall and base units, one and a half stainless steel sink and drainer with mixer tap, space for appliances, part tiled walls, tiled flooring, window to the side aspect and door to rear garden.
Inner Lobby Built in storage cupboards and continue tile flooring.
Bathroom 1.42m x 2.1m (4'8" x 6'11") Three piece suite comprising; bath with shower over, hand wash basin, low level WC, radiator, fully tiled walls, tiled flooring and window to the side aspect.
First Floor Accomodation Landing Fitted carpet and doors to two bedrooms. Bedroom One 3.82m x 2.89m (12'6" x 9'6") Window to the front aspect, radiator and fitted carpet.
Bedroom Two 3.66m x 3.02m (12'0" x 9'11") Window to the rear aspect, cupboard housing boiler, radiator, fitting carpet and door to stairs to second floor accommodation.
Attic Room 4.32m x 3.84m (14'2" x 12'7") Velux window, radiator and fitted carpet. Outside To the rear of the property is a courtyard with rear gated access.
TENURE The tenure of this property is Freehold. SERVICES All mains services are available or connected subject to the statutory regulations.
We have not tested any heating systems, fixtures, appliances or services. LOCAL AUTHORITY This property falls within the geographical area of West Lindsey Council - .
https// VIEWING By appointment with the Sole Agent Lovelle Estate Agency, telephone .
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.
ENERGY PERFORMANCE CERTIFICATE A copy of the full Energy Performance Certificate for this property is available upon request unless exempt.
Advisory Notes - Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.
AGENTS NOTES These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that: They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. MATERIAL INFORMATION All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
MATERIAL INFORMATION Verified Material Information Costs and tenure Tenure: Freehold Council tax band: A EPC rating: D Monthly rent: £650 The building Mid-terrace house, standard construction Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Mains gas central heating Heating features: None Broadband: FTTP (Fibre to the Premises) Mobile coverage: O2 good, Vodafone good, Three great, EE great Parking: None Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (LL278027): - The owner is required to pay a fair share of the costs for repairing and maintaining shared items like drains, sewers, gutters, and pipes used in common with the house at number 24.
- The owner must contribute equally to the cost of any necessary repairs to the 'party walls' (the walls shared with the properties on the east and west sides). Non-coal mining area: yes
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.
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 Tower Street, Gainsborough, DN21
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