Prop AI DealsProp AI Deals
  • On-market
  • Sourced deals
  • How it works
  • For sourcers
  • Pricing
Log inStart free
    Prop AI Deals

    Pre-vetted, AI-scored UK property deals matched to you — on-market, off-market and auction.

    Get it fromMicrosoftDownload formacOS
    Get Archie’s weekly picks →

    Find deals

    • On-market properties
    • Sourced deal rooms
    • AI property search
    • Property alerts
    • Weekly deals
    More ways to find deals+−
    • Below market value
    • High yield
    • New to market
    • Meet Archie
    • Archie on WhatsApp
    • Desktop app
    • Windows app (Microsoft Store)
    • Chrome extension

    Strategies & calculators

    • All strategies
    • BTL calculator
    • BRRR calculator
    • HMO calculator
    • Stamp duty calculator
    More strategies and tools+−
    • BTL candidates
    • Flip candidates
    • BRRR candidates
    • HMO conversion
    • PD conversion
    • Probate sales
    • Repossessed
    • Auction properties
    • Recently reduced
    • Motivated sellers
    • Flip calculator
    • AI refurb scan
    • Auction pack analysis
    • Property finance

    Markets

    • All locations
    • London
    • Manchester
    • Birmingham
    • Market stats
    More cities+−
    • Leeds
    • Liverpool
    • Glasgow
    • Edinburgh
    • Bristol
    • Newcastle
    • Cardiff

    Learn

    • Academy
    • How it works
    • Glossary
    • News
    • Help centre
    More guides+−
    • Getting started
    • Buy-to-let fundamentals
    • BMV deals
    • BRRR masterclass
    • HMO investing
    • Serviced accommodation
    • Property flipping
    • Auction buying
    • Lease options
    • FAQ
    • HMRC stamp duty guide
    • HM Land Registry
    • Landlord regulations
    • Buying property guide

    Compare

    • Dealsourcr alternative
    • PropertyEngine alternative
    • Property Filter alternative
    • PropertyData alternative
    • All comparisons
    More comparisons+−
    • GetGround alternative
    • Nimbus Maps alternative
    • Lendlord alternative
    • Searchland alternative
    • Property Market Intel alternative
    • PropMarker alternative

    Company

    • About
    • Features
    • Pricing
    • Developers / API
    • Contact
    More from us+−
    • Claude / MCP
    • Storefront for sourcers
    • For trainers
    • Affiliate programme
    • Earn 30% commission
    Find deals+−
    • On-market properties
    • Sourced deal rooms
    • AI property search
    • Property alerts
    • Weekly deals
    • Below market value
    • High yield
    • New to market
    • Meet Archie
    • Archie on WhatsApp
    • Desktop app
    • Windows app (Microsoft Store)
    • Chrome extension
    Strategies & calculators+−
    • All strategies
    • BTL calculator
    • BRRR calculator
    • HMO calculator
    • Stamp duty calculator
    • BTL candidates
    • Flip candidates
    • BRRR candidates
    • HMO conversion
    • PD conversion
    • Probate sales
    • Repossessed
    • Auction properties
    • Recently reduced
    • Motivated sellers
    • Flip calculator
    • AI refurb scan
    • Auction pack analysis
    • Property finance
    Markets+−
    • All locations
    • London
    • Manchester
    • Birmingham
    • Market stats
    • Leeds
    • Liverpool
    • Glasgow
    • Edinburgh
    • Bristol
    • Newcastle
    • Cardiff
    Learn+−
    • Academy
    • How it works
    • Glossary
    • News
    • Help centre
    • Getting started
    • Buy-to-let fundamentals
    • BMV deals
    • BRRR masterclass
    • HMO investing
    • Serviced accommodation
    • Property flipping
    • Auction buying
    • Lease options
    • FAQ
    • HMRC stamp duty guide
    • HM Land Registry
    • Landlord regulations
    • Buying property guide
    Compare+−
    • Dealsourcr alternative
    • PropertyEngine alternative
    • Property Filter alternative
    • PropertyData alternative
    • All comparisons
    • GetGround alternative
    • Nimbus Maps alternative
    • Lendlord alternative
    • Searchland alternative
    • Property Market Intel alternative
    • PropMarker alternative
    Company+−
    • About
    • Features
    • Pricing
    • Developers / API
    • Contact
    • Claude / MCP
    • Storefront for sourcers
    • For trainers
    • Affiliate programme
    • Earn 30% commission

    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

    © 2026 Prop AI DealsTermsPrivacyCookiesData protectionStatusContactClimate commitment
    1. Home
    2. Properties
    3. 4 bed house for sale in Nicholas Way, Corringham DN21
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

    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 work

    1 / 5

    2, Nicholas Way, Corringham, DN21 5QE

    4-bedroom house · DN21 5QE

    1,356 sq ftEPC C2 baths
    Asking
    £305,000

    For sale · Reduced £5k (−1.6%) on 9 Oct · Listed 186 days

    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

    Start freeLog in

    About

    The property

    We offer to the market a modern four bedroom detached property situated in the popular Village of Corringham located on the outskirts of the market town of Gainsborough and also having access to the cathedral city of Lincoln, which are both well served with amenties including Marshalls Yard retail complex, eateries and leisure facilities and highly regarded schools.

    Viewing highly recommended. A modern detached four bedroomed property with en suite shower room to the master.

    Accommodation comprises Entrance Hall, Cloakroom, Sitting Room, Study, spacious Kitchen/Diner and Utility Room, To the first floor are the bedrooms and family Bathroom .There is gas central heating, double glazing and a single garage with rear lawned garden.

    Accommodation Entrance door leading into: Entrance Hallway Stairs rising to first floor accommodation and doors in turn giving access to: Lounge (5.71m x 3.30m (18'8" x 10'9" )) With French doors with windows to either side elevation leading out to the rear garden, feature fireplace and radiator.

    Play Room/Study (1.9m x 3.30m (6'2" x 10'9" )) Double glazed window to the front elevation, radiator and laminate flooring.

    Kitchen Diner (6.40m x 3.00m (20'11" x 9'10" )) Fitted kitchen comprising wall and base units with complementary work surface, inset sink and drainer, integrated fridge/freezer, dishwasher and oven, double glazed windows to the front and rear elevations, radiator and laminate flooring.

    Door giving access to: Utility (1.60m x 1.80m (5'2" x 5'10" )) Fitted with base and wall units and inset sink and drainer, door to the rear elevation giving access out to the rear garden, double glazed window to the rear and laminate flooring.

    W.C. (1.50m x 0.7m (4'11" x 2'3" )) Two piece suite comprising w.c. And wash hand basin.

    First Floor Landing With doors in turn giving access to: Master Bedroom (3.88m x 2.89m (12'8" x 9'5" )) Double glazed window to the rear elevation, range of fitted wardrobes and radiator.

    Door leading into: En Suite (1.60m x 2.01m (5'2" x 6'7" )) Three piece suite comprising w.c., sink and shower cubicle, double glazed window to the rear elevation, radiator and vinyl flooring.

    Bedroom Two (3.70m x 3.19m (12'1" x 10'5" )) Double glazed window to the rear elevation and radiator.

    Bedroom Three (3.58m x 2.89m (11'8" x 9'5" )) Double glazed window to the front elevation and radiator.

    Bedrdoom Four (2.52m x 2.89m (8'3" x 9'5" )) Double glazed window to the front elevation and radiator.

    Bathroom (1.74m x 2.01m (5'8" x 6'7" )) Three piece suite comprising w.c., wash hand basin, bath and separate shower, double glazed window to the front elevation, radiator and vinyl flooring.

    Externally A pathway to the front of the property leads to the entrance door and access to the enclosed rear garden which is mainly set to lawn with a gated access to the side of the brick built single garage.

    Tenure - Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'D' 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

    Key information

    Price per sq ft
    £225/sq ft
    Based on 1,356 sq ft (126 sq m)
    Floor area
    1,356 sq ft (126 sq m)
    Council tax band
    Band D
    Estimated ~£1,800/year
    EPC rating
    C
    current
    Tenure
    Freehold
    Property age
    Built 2003–2006
    Local authority
    West Lindsey
    District
    County
    Lincolnshire County
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

    Loading rental comparables…

    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    25/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market186 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market186
    Price reduction-1.6%
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingC
    Listing timeline
    First listedListed at £309,95023 Apr 2026
    Price reduced£309,950 → £305,000 (−1.6%)9 Oct 2026
    Still activeDay 186 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4Not verified - check with the council

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
    Sign up free to see crime, broadband, flood risk and more→
    Location
    More market detail▾
    DN21 · Live market data · house only
    DN21 aggregates aren't available right now. The full comparables table below still loads — try refreshing in a few minutes.

    Agent & docs

    Move it forward

    Listing agent
    Hunters - Gainsborough logo
    Hunters - Gainsborough
    listed on zoopla
    01427671071
    124 Trinity Street, Gainsborough, DN21 1JD
    View on zoopla

    View more properties from this agentIs this your home? Ask us to remove this listing
    Planning & investor docs
    Nearby planning applications, EPC, floor plans, Land Registry and HMO checks unlock with a free trial.

    More tools

    FAQ

    Questions

    About 2, Nicholas Way, Corringham

    How much is 2, Nicholas Way, Corringham?
    The asking price is £305,000.
    What kind of property is 2, Nicholas Way, Corringham?
    A 4-bedroom house in DN21 5QE.

    Explore nearby

    More nearby

    4-bed houses for sale in DN21More from this agent

    Explore more properties

    • More properties for sale
    • 4 bed houses for sale

    Similar properties

    Similar yield nearby

    View similar-yield properties nearby →
    2-bed house on Middle Street, Corringham, DN21, £200,000

    £200,000

    Middle Street, Corringham, DN21

    2 bed1 bathhouse
    3-bed house on Stable Cottage, Gainsborough, £250,000

    £250,000

    Stable Cottage, Gainsborough

    3 bed2 bathhouse
    2-bed detached on Middle Street, Corringham, Gainsborough, £237,000

    £237,000

    Middle Street, Corringham, Gainsborough

    2 bed1 bathdetached
    3-bed house on 5A, Mill Mere Road, Gainsborough, £325,000

    £325,000

    5A, Mill Mere Road, Gainsborough

    3 bed2 bathhouse
    2-bed other on 21, Middle Street, Gainsborough, £220,000

    £220,000

    21, Middle Street, Gainsborough

    2 bed1 bathother
    3-bed house on Springfield House School Lane, Gainsborough, £375,000

    £375,000

    Springfield House School Lane, Gainsborough

    3 bed3 bathhouse