3-bedroom house · DN21 2PU
Sold STCListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented three bedroom traditionally build semi detached house located in a popular residential area to the north side of the market town of Gainsborough which is well served with local amenities, including supermarkets, cafes and restaurants, leisure facilities, the riverside and a number of well regarded schools.
Viewing recommended.
Accommodation UPVC double glazed entrance door leading into Storm Porch with part tiled walls, tiled flooring and uPVC double glazed entrance door leading into: Entrance Hallway Stairs rising to the first floor accommodation, radiator and laminate flooring.
Door giving access into: Dining Room (3.85m x 3.27m (12'7" x 10'8" )) UPVC double glazed window to the rear elevataion, radiator, laminate flooring and coving to ceiling.
Archway gives access into: Lounge (3.42m with recess into bow window x 3.21m (11'2") UPVC double glazed bow window to the front elevation with wooden blinds, radiator, coving to ceiling and laminate flooring.
Kitchen (3.80m x 2.55m (12'5" x 8'4" )) Door from Dining Room.
UPVC double glazed entrance door and window to the side elevation, fitted kitchen comprising base, drawer and wall units with complementary work surface, tiled splashback, inset sink and drainer with mixer tap, space for cooker and fridge freezer, provision for automatic washing machine and dishwasher, radiator, tiled flooring and access to understair storage area.
First Floor Landing Radiator and doors in turn giving access to: Master Bedroom (4.29m x 3.43m (14'0" x 11'3" )) UPVC double glazed window to the front elevation, radiator and coving to ceiling.
Bedroom Two (3.73m x 2.54m (12'2" x 8'3" )) UPVC double glazed window to the rear elevation and radiator.
Bedroom Three (2.58m x 1.79m with recess into doorway (8'5" x 5'1) UPVC double glazed window to the rear elevation, radiator and laminate flooring.
Family Bathroom (1.92m x 1.68m (6'3" x 5'6" )) UPVC double glazed window to the side elevation, suite comprising w.c., hand basin mounted in vanity unit, "P" shaped bath with mixer shower above, part tiled walls and chrome heated towel rail.
Externally To the front is a low maintenance lawned garden with pathway leading to the front entrance door, EV charger and pathway leading to the enclosed low maintenance yard with patio area and raised planted beds, space for shed.
Tenure - Freehold Council Tax Through enquiry of the West Lindsey District Council we have been advised that the property is in Rating Band 'A' 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
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
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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 24, George Street, Gainsborough
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