4-bedroom house · DN21 1XD
Listing removedReduced £10k (−4.4%) on 21 JunListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer to the market a three/four bedroom (one being Attic Bedroom) detached bungalow sitauted in a populare residential area within the market town of Gainsborough haviang access to numerous local amenities including Marshalls Yard retail complex, cafes and restaurants, leisure facilities and a number of well regarded educational establishments.
Early viewing is highly recommended.
Accommodation UPVC double glazed entrance door leading into: Entrance Porch (2.74m x 2.45m (8'11" x 8'0" )) Double glazed windows to the front and side elevations, tiled flooring and glazed wooden entrance door with side window leading into: Entrance Hallway Stairs rising to the first floor accommodation and doors in turn giving access to: Lounge (5.01m x 3.64m (16'5" x 11'11" )) UPVC double glazed window to the front elevation, radiator and fireplace with gas fire, coving to ceiling.
Kitchen Diner (4.95m x 2.97m to its maximum dimensions (16'2" x 9) UPVC double glazed windows to the rear and side elevations, uPVC double glazed entrance door to the side elevation.
FItted kitchen comprising base, drawer and wall units with complementary work surfaces, tiled splashback, inset stainless steel sink and drainer with mxier tap, space for cooker and fridge freezer, provision for automatic washing machine, radiator and door giving access into Pantry.
Bedroom One (3.63m x 3.52m (11'10" x 11'6" )) UPVC double glazed window to the front elevation, radiator and range to fitted wardrobes, coving to ceiling.
Bedroom Two (3.66m x 2.82m (12'0" x 9'3" )) UPVC double glazed window to the side elevation, radiator and coving to ceiilng.
Bedroom Three (3.66m x 2.95m (12'0" x 9'8" )) Currently used as Second Sitting Room.
UPVC double glazed French doors and windows to the rear elevation giving access to the enclosed rear garden, radiator and coving to ceiling.
Shower Room (2.54m x 1.99m (8'3" x 6'6" )) UPVC double glazed window to the rear elevation, suite comprising w.c, wash hand basin mounted in vanity unit, walk in shower cubicle, tiled walls, storage cupboard and chrome heated towel rail.
First Floor Landing Area Radiator and doors giving access to: Attic Bedroom (3.85m x 2.28m (12'7" x 7'5" )) UPVC double glazed window to the front elevation, radiator and eaves storage.
Attic Storage Area (4.15m x 2.09m (13'7" x 6'10" )) Door from Landing area. Access to storage area.
Externally To the front is an enclosed walled and gated garden with low maintenance slate chippings and driveway allowing off road parking and leading to the single Garage with up and over door, light and power.
A pathway leads to the front entrance door and access down the side opens to the enclosed rear garden which is mainly set to lawn with 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
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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 39, Ravendale Road, Gainsborough
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