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 work4-bedroom house · DN21 2QE
Listing removedListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an impressive 4/5 Bedroom Detached House which has been modernised and extended by the current owners to create a versatile family home which must be viewed to appreciate the balance between inside and outside living with its generous landscaped garden.
Located in a popular residential area close to the highly recommended Queen Elizabeth High School and the market town centre which has a variety of shops, restaurants, leisure facilities, riverside and road links to surrounding market towns and the cathedral city of Lincoln.
Early viewing is recommended to avoid disappointment.
Accommodation Composite double glazed entrance door leading into: Entrance Hallway Stairs rising to the first floor accommodation, hardwood flooring, radiator, double glazed window to the side elevation, coving to ceiling and doors giving access to: Lounge (6.35m x 3.57m (20'9" x 11'8" )) UPVC double glazed window to the front elevation, two radiators and coving to ceiling.
Downstairs W.C (1.70m x 0.78m (5'6" x 2'6" )) UPVC double glazed window to the front elevation, suite comprising w.c., hand basin with tiled splashback, radiator, coving to ceiling and hardwood flooring continued from the Hallway.
Open Plan Kitchen Living Dining Area (8.85m x 6.62m to its maximum dimensions (29'0" x 2) Double glazed bi-fold doors to the rear elevation giving access to the Yorkstone patio area and lawned gardens beyond.
UPVC double glazed window to the side elevation and two velux windows.
The contemporary modern fitted kitchen comprises base, drawer, wall and larder units with marble work surface, central island with breakfast bar, inset sink and drainer with mixer tap, two integrated ovens and four ring induction hob, space for American style fridge freezer and wine fridge, lvt flooring, one vertical radiator and two further radiators, inset spotlights to ceiling and coving.
Door giving access to: Playroom/Office/Bedroom (5.13m x 2.88m (16'9" x 9'5" )) UPVC double glazed window to the front elevation, radiator, coving and spotllights to ceiling.
Utility Room (3.72m x 1.40m (12'2" x 4'7" )) Accessed from the Kitchen.
Fitted base and larder units with complementary work surface, tiled splashback, inset sink and drainer with mixer tap and provision for automatic washing machine, radiator and coving to ceiling.
First Floor Landing UPVC double glazed window to the front elevation, radiator, linen cupboard, spotlights to ceiling and loft access.
Doors in turn giving access to: Master Bedroom (5.55m x 3.61m (18'2" x 11'10" )) UPVC double glazed windows to both the front and rear elevations, two radiators, spotlights to ceiling and door giving access to: En Suite Shower Room (2.70m x 2.46m (8'10" x 8'0" )) UPVC double glazed window to the rear elevation, suite comprising w.c., ceramic hand basin mounted in vanity unit and walk in double shower, fully tiled walls, heated towel rail and useful wall mounted storage cupboard.
Dressing Room With access from the Master Bedroom. UPVC double glazed window to the front elevation, radiator and range of fitted wardrobes.
Bedroom Two (3.73m x 3.63m (12'2" x 11'10" )) UPVC double glazed window to the front elevation, radiator and coving to ceiling.
Bedroom (3.74m x 2.61m (12'3" x 8'6" )) UPVC double glazed window to the rear elevation, radiator, coving to ceiling and door giving access to: En Suite Shower Room (2.98m x 1.69m to its maximum dimensions (9'9" x 5') UPVC double glazed window to the rear elevation and suite comprising w.c., hand basin mounted in vanity unit, single shower cubicle, fully tiled walls, heated towel rail and cupboard housing the hot water cylinder.
Bedroom (3.46m x 2.99m (11'4" x 9'9" )) Double glazed window to the front elevation, radiator and coving to ceiling.
Bathroom (1.94m x 1.69m (6'4" x 5'6" )) UPVC double glazed window to the rear elevation, suite comprising w.c, hand basin mounted in vanity unit, panel sided bath, fully tiled walls with separate shower cubicle and towel rail.
Externally To the front is a gravelled driveway allowing off road parking for multiple vehicles leading to the integral double garage with electric doors, light and power and pedestrian door to the rear.
This is currently divided into two useful storage area with an EV charging point.
The enclosed rear garden is mainly set to lawn with mature planted borders with a variety of shrubs, bushes and flowering plants and yorkstone patio area.
Tenure - Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'C' 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
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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
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FAQ
About 64, Old Showfields, Gainsborough
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