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See how verdicts work2-bedroom flat · DN21 2HP
For saleListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious Two-Bedroom Apartment in Town Centre Location Situated in a convenient town centre location, this spacious second-floor apartment offers well-proportioned accommodation and is offered for sale with no onward chain .
The property briefly comprises a spacious lounge, fitted kitchen, two good-sized bedrooms, family bathroom, separate WC , and additional bathroom facilities.
This leasehold property would make an ideal home or investment opportunity, with a range of local amenities, shops and transport links close by. Call now to arrange your viewing!
LOUNGE 4.58m x 4.62m Fitted carpet, electric fire with surround, radiator and window to front aspect.
KITCHEN 2.79m x 3.36m Fitted kitchen comprising wall and base units, stainless steel sink with drainer and mixer tap, washing machine, fridge, freezer, gas hob, electric oven, extractor fan over, cupboard housing wall-mounted boiler, tiled flooring, radiator and window to front aspect.
BEDROOM ONE 2.76m x 4.42m Fitted carpet, radiator, fitted wardrobes and window to rear aspect.
BEDROOM TWO 2.57m x 3.69m Fitted carpet, fitted wardrobes, integrated freezer, radiator and window to rear aspect.
BATHROOM 1.66m x 1.69m Fitted bathroom comprising: bath with overhead shower, hand wash basin, radiator and window to the side aspect.
WC 0.94m x 1.24m WC, window to the side aspect.
Verified Material Information ## Costs and tenure Tenure: Leasehold Lease length: 92 years remaining (125 years from 1993) Service charge: £304/year Council tax band: A EPC rating: E ## The building Detached flat, standard brick and block construction Accessibility adaptations: None Loft access: no Outside areas: None No spray foam insulation ## Services Mains electricity Mains water Mains foul drainage No mains surface water drainage Mains gas central heating, installed 29th Dec 2022 Heating features: Double glazing Broadband: FTTC (Fibre to the Cabinet) Mobile coverage: O2 good, Vodafone good, Three good, EE great Parking: None Not in a controlled parking zone No disabled parking available Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (LL101050): - The owner cannot increase the number of windows that look out over the neighbouring property, nor can they add any new doors or entrances.
- The property cannot be used for making or selling alcohol, as a public dance hall, or for any form of gambling.
- The owner cannot claim a permanent right to light or air that would prevent the neighbouring landowner from building on their own land in the future (this is a restrictive covenant, which is a rule that stops you from doing something on your land).
Non-coal mining area: yes No specialist issues recorded Onward chain: no 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 y
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
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FAQ
About North Street, Gainsborough, DN21
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