3-bedroom house · DN21 1FR
Listing removedListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented two-bedroom semi-detached home available on a 50% shared ownership basis with the opportunity to staircase to 100% ownership.
Featuring an en-suite to the principal bedroom, remaining NHBC warranty, driveway and enclosed rear garden. Early viewing recommended.
Beautifully Presented Three Bedroom Semi-Detached Home | 50% Shared Ownership | En-Suite | Remaining NHBC Warranty An exciting opportunity to purchase a 50% shared ownership interest in this beautifully presented three-bedroom semi-detached home, situated on the highly regarded Foxby Mews development in Gainsborough.
Built only recently, the property still benefits from the remaining balance of its NHBC warranty and offers purchasers the opportunity to staircase to 100% ownership (subject to the relevant housing association criteria).
Finished to a high standard throughout and ready to move straight into, this stylish home offers modern, well-planned accommodation that is perfectly suited to first-time buyers, young professionals, couples or those looking to downsize.
The accommodation briefly comprises a welcoming entrance hall, a contemporary fitted kitchen, a bright and spacious lounge overlooking the rear garden, and a convenient downstairs cloakroom/WC.
To the first floor are three generously proportioned bedrooms, with the principal bedroom benefiting from its own modern en-suite shower room, together with a separate contemporary family bathroom, providing excellent flexibility for everyday living.
Outside, the property enjoys an enclosed rear garden, ideal for relaxing or entertaining, whilst a private driveway provides off-road parking.
Foxby Mews is a popular modern development positioned to the south of Gainsborough, offering easy access to a wide range of local amenities including supermarkets, schools, healthcare facilities, leisure amenities and excellent transport links.
Marshall's Yard shopping centre, the town centre and both railway stations are all within easy reach, making this an excellent location for commuters and families alike.
This fantastic home is offered on a 50% shared ownership basis, with the current monthly charges comprising rent of £233.05 on the remaining share and a service charge of £23.69.
The property is held on a long lease, making it an affordable and attractive route onto the property ladder, with the opportunity to purchase further shares in the future.
Homes of this quality, particularly those offering such an affordable opportunity to buy within a sought-after modern development, are always in high demand. Early viewing is strongly recommended.
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 62, Foxby Mews, Lincolnshire, ,
Explore nearby