2-bedroom semi-detached house · DN21 2RS
For saleListed 543 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reference RF0897 - A traditional 2 bedroom semi detached house, sold with the benefit of vacant possession in an established area of Gainsborough.
The property will no doubt appeal to a wide range of buyers, particularly buy to let investors and first time buyers.
Accommodation briefly comprises of a lounge with feature fireplace and open fire, separate dining room. Modern kitchen, 2 double bedrooms and a well proportioned upstairs family bathroom.
Externally, an enclosed low maintenance rear garden is offered with useful store shed/workshop. The property comes equipped with gas central heating with solar panels and upvc double glazing.
No chain for ease of purchase. Full details below. Upvc door to the... Lounge. 12'0'' x 11'2'' With feature fireplace with open fire and tiled hearth. Upvc double glazed window to the front elevation.
Radiator. Inner Hallway With useful understairs store cupboard. Separate Dining Room.
With concealed staircase to the 1st floor, feature fireplace with with coal effect fire, upvc double glazed window to the rear. Radiator. Modern Kitchen.
11'7'' x 6''7'' With range of white gloss fronted units to the base and high level. Rolled edge work surface and inset stainless steel 1 1/2 bowl single drainer sink unit with mixer tap.
Stainless steel oven and additional oven/grill. 4 ring hob with extractor over. Concealed combination central heating boiler.
Pull out larder cupboard, upvc double glazed window and door to the side elevation. 1st floor landing. With loft hatch to the internal roof void. Bedroom 1.
12'0'' x 11'2'' With upvc double glazed window to the front elevation. Radiator and useful store cupboard/wardrobe. Bedroom 2. 12'2'' x '9'0'' With upvc double glazed window to the rear elevation.
Radiator. Spacious family bathroom. 11'5'' x 6'8'' With 4 piece suite comprising of a low level wc, wash hand basin, jacuzzi style bath and a separate corner shower cubicle.
Tiled splashbacks, radiator and upvc double glazed window to the side elevation. Outside. An enclosed low maintenance rear garden/yard is offered with useful shed/workshop.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 7, Salisbury Street, Gainsborough
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