2-bedroom semi-detached house · DN21 2RR
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market a two bedroom semi detached house, being sold with NO ONWARD CHAIN and located in a popular residential area of the market town of Gainsborough, which is well served with local amenities, shops, supermarkets, cafes and restaurants, leisure facilities and the riverside.
Accommodation - uPVC double glazed entrance door leading into: Lounge - 3.81 x 3.79 (12'5" x 12'5") - uPVC double glazed bay window to the front elevation, radiator, brick built fireplace with open fire, coving to ceiling, opening giving access to: Dining Room - 3.88 x 3.79 (12'8" x 12'5") - Stairs rising to first floor accommodation, opening to the rear kitchen, access to downstairs storage area and brick built fireplace with multi fuel stove, radiator, coving to ceiling.
Kitchen - 3.74 x 2.23 (12'3" x 7'3") - uPVC double glazed windows to the rear and side elevations, fitted kitchen comprising base, drawer and wall units with complementary work surface, tiled splashback, inset circular stainless steel sink and drainer with mixer tap, integrated electric oven, four ring gas hob with extractor over, space for fridge freezer, provision for dishwasher, tiled flooring and spotlights to ceiling.
Opening into: Rear Porch - uPVC double glazed door to the side elevation, radiator, tiled flooring, door giving access into: Utility With W.C.
- 2.55 x 1.72 (8'4" x 5'7") - uPVC double glazed window to the side elevation, fitted base unit with complementary worksurface, inset stainless steel sink and drainer, radiator and laminate flooring, wall mounted gas fired central heating boiler.
First Floor Accommodation - With doors giving access to: Bedroom One - 3.91 x 3.82 (12'9" x 12'6") - uPVC double glazed window to the front elevation, radiator and coving to ceiling.
Bedroom Two - 3.88 x 1.95 (12'8" x 6'4") - uPVC double glazed window to the rear elevation and radiator.
Shower Room - 2.41 x 1.85 (7'10" x 6'0") - Double glazed window to the side elevation, suite comprising w.c., pedestal wash hand basin and walk in double shower with tiled splashbacks and radiator.
Externally - To the front is a walled low maintenance gravelled garden with driveway allowing off road parking leading to the single Garage and the rear has an enclosed garden mainly set to lawn with an assortment of shrubs, bushes and fruiting trees.
Council Tax - Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'A' Tenure - Freehold - 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
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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
FAQ
About North Marsh Road, Gainsborough
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