2-bedroom flat · DN21 2JP
Listing removedListed 145 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer this two bedroom ground floor flat situated in a popular area. Accommodation comprises a lounge, kitchen, bathroom room and two bedrooms.
EPC C COUNCIL TAX BAND A All enquiries through Rightmove, On The Market or Lovelle website. EPC rating: C. Entrance Enter via the secure door into the communal hallway.
with doors to individual flats. Hallway With storage heater, fitted carpet and doors to storage cupboard, two bedrooms, lounge kitchen and bathroom.
Lounge Area 5.08m x 3.52m (16'8" x 11'7") Dual windows to the front aspect, two storage heaters and fitted carpet.
Kitchen Area 4.21m x 2m (13'10" x 6'7") Fitted kitchen comprising; electric oven and hob with overhead extractor, stainless steel sink and drainer with mixer tap, integrated fridge freezer and washing machine, vinyl flooring.
Bedroom One 2.79m x 2.03m (9'2" x 6'8") Window to the front aspect, storage heater and fitted carpet.
Bedroom Two 3.01m x 2.77m (9'11" x 9'1") Window to the front aspect, storage heater and fitted carpet. Outside The block has a shared parking area.
TENURE The tenure of this property is leasehold. SERVICES All mains services are available or connected subject to the statutory regulations.
We have not tested any heating systems, fixtures, appliances or services. LOCAL AUTHORITY This property falls within the geographical area of West Lindsey Council - .
https// VIEWINGS By appointment with the Sole Agent Lovelle Estate Agency, telephone .
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.
ENERGY PERFORMANCE CERTIFICATE A copy of the full Energy Performance Certificate for this property is available upon request unless exempt.
Advisory Notes - Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.
AGENTS NOTES These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that: They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. MATERIAL INFORMATION All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
MATERIAL INFORMATION Tenure: Leasehold Lease length: 973 years remaining (999 years from 2000) Council tax band: A EPC rating: C Monthly rent: £600 Security deposit: £692 The building Semi-detached flat, standard construction Accessibility adaptations: None Services Mains electricity Mains water Mains foul drainage No mains surface water drainage Heating: None Heating features: None Broadband: FTTC (Fibre to the Cabinet) Mobile coverage: O2 good, Vodafone good, Three great, EE great Parking: None Not in a controlled parking zone No disabled parking available MATERIAL INFORMATION Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (LL294931): - The property must not be used for the sale of motor vehicles, car parts, or oil, or for any business that competes with the business of a previous owner.
- The owner is not permitted to do anything on the land that could be considered offensive, a nuisance, or an annoyance to neighbours.
- The owner does not have a 'right to light' or 'right to air' if such a right would prevent the neighbouring owners from building on their own land.
A right to light is a legal right to receive light through specific windows.
- The property cannot be sold or transferred without a certificate from the management company (Trinity View Management Ltd) and the developers (Madston Developments Ltd or Asset 360 Ltd) confirming that certain lease conditions have been met.
MATERIAL INFORMATION - There is a general restriction against any legal dealings with the property that would break the rules set out in the lease. No environmental risks recorded
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Trinity View, Gainsborough, DN21
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