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 terraced house · DN21 1DF
No longer listedListed 321 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market with no onward chain for ease of purchase and having recently undergone a scheme of redecoration, a two bedroom mid terrace house located within the market town of Gainsborough which is well served with numerous amenities including retail outlets, cafes and restaurants, leisure facilities and schooling.
The property may be of interest to first time buyers or investors alike.
The property comprises of porch entrance through to the hallway, leading into an open plan living dining area and kitchen with oven and hob.Stairs to first floor, family bathroom with shower facilities and two bedrooms.
Accommodation UPVC double glazed entrance door leading into: Entrance Hallway Radiator, laminate flooring, stairs rising to the first floor accommodation and door giving access into: Dining Room (3.75m x 3.36m (12'3" x 11'0" )) UPVC double glazed window to the rear elevation, laminate flooring, storage cupboard built into alcove.
Arched opening gives access into: Lounge Area (4.09m x 3.36m to its maximum dimensions (13'5" x) UPVC double glazed bay window to the front elevation and radiator.
Doorway from Dining area leading into: Kitchen (3.35m x 2.41m (10'11" x 7'10" )) UPVC double glazed window and entrance door to the side elevation, newly fitted kitchen comprising base, drawer and wall units with complementary work surfaces, inset stainless steel sink and drainer with mixer tap, integrated electric oven with four ring gas hob, fridge freezer and automatic washing machine, wall mounted gas fired cental heating boiler, laminate flooring, radiator and opening into under stairs storage area.
First Floor Landing Loft access and doors giving access to: Bedroom One (4.43m x 3.56m (14'6" x 11'8" )) UPVC double glazed window to the front elevation and radiator.
Bedroom Two (3.76m x 2.66m (12'4" x 8'8")) UPVC double glazed window to the rear elevation, radiator and cast iron fire feature.
Bathroom (3.37m x 2.43m (11'0" x 7'11")) UPVC double glazed window to the side elevation, suite comprising w.c., pedestal wash hand basin and panel sided bath with tiled splashback, radiator storage cupboard and second loft access.
Externally To the front is a low maintenance buffer garden with low level wall and gate access with pathway leading to the front entrance door.
Externally to the rear is an enclosed low maintenance yard with gated access to the rear and brick built storage areas.
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
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 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
.png)
FAQ
About 5, Drake Street, Gainsborough
Explore nearby