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See how verdicts work1-bedroom flat · DN21 1JA
Listing removedListed 565 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Buy to let investment opportunity within Sandars Maltings one bed apartments from £59,950.
Sandars Maltings is a conversion located on the banks of the River Trent within the vibrant market town of Gainsborough which is well serviced with local amenities including Marshalls Yard retail complex, eateries and leisure facilities and highly regarded School.
Contact the office to express an interest on .
Description Sandars Maltings is a development of 48 apartments located directly on the River Trent in the popular market town of Gainsborough with amenities including eateries, leisure facilities, schools, Marshalls Yard retail complex and road and rail links to the surrounding areas.
The building is tenanted and all but 2 units are occupied with proven tenant demand making Sandars Maltings a turnkey and hassle-free investment offering a net yield of up to 7.2% net with long-term lets and up to 10% for short-term lets which are permitted on this development.
The development offers apartments starting from only £59,995 and is a rare opportunity to invest in a project offering exceptional value for money.
Furthermore, prices in Gainsborough have been rising steadily over the past 5 years, having increased by 22.92%, which is above the national average Tenure - Leasehold 250 year lease from 2004.
Ground Rent - Nil. Service Charge £1,630 p.a. Agents Note Payment Plan - £2,000 reservation fee 20% on exchange (minus reservation fee) 80% balance on handover
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
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FAQ
About 1 bed, Apartments, Sandars Maltings Bridge Street, Gainsborough
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