6-bedroom terraced house · DN21 1LL
Listing removedListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This residential property on Lea Road is a rare find for investors seeking an affordable turnkey investment option with strong returns.
It features six bedrooms, each with its own en-suite shower room, spread over three floors. The communal kitchen/diner on the ground floor provides a shared space for residents.
With 120 square meters of floorspace, it is well-suited for a house of multiple occupancy setup.
Located in close proximity to Gainsborough town centre, the property ensures easy access to local amenities and transport links.
Gainsborough offers a range of services and conveniences, making it an attractive location for tenants.
The EPC rating of D indicates that there may be room for efficiency improvements, potentially increasing rental appeal however the current energy efficiency is currently adequate.
The property is currently achieving full occupation rental income of £2470 per month, equating to a return on investment of 15,2%, This opportunity won't be available for long.
Contact us today to learn more about this affordable investment in Gainsborough. *A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property.
25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts.
Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information
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 advisors 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
FAQ
About 37, Lea Road, Gainsborough
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