Lea Road, Gainsborough, DN21 1LH - 2 views - 3 years ago
Listed for £65,000
July 20, 2021
Sold for £84,250
2008
Sold for £56,000
2007
Sold for £17,700
2001
Sold for £17,000
1996
Located on Lea Road, Gainsborough this 3 bed traditional terrace property is now offered for sale with the benefit of an ongoing tenancy in place of circa 12 years at £425 pcm and has had the benefit of a recently replaced roof giving assurance for future landlords. Accommodation briefly comprises of a living room, separate dining room, kitchen, family bathroom and 3 first floor bedrooms. The property comes equipped with gas central heating and upvc double glazed windows together with an enclosed yard to the rear.
Upvc double glazed door to the
LIVING ROOM 14' 10" x 11' 11" (4.52m x 3.63m) With upvc double glazed bay window to the front elevation. Feature fire surround with fire. Laminate flooring.
INNER HALLWAY Stairway to the 1st floor. Laminate flooring.
DINING ROOM 11' 11" x 11' 10" (3.63m x 3.61m) Feature fireplace. Useful store cupboard, laminate flooring, upvc double glazed window to the rear elevation. Radiator.
WALNUT FINISH KITCHEN 11' 8" x 6' 3" (3.56m x 1.91m) With a range of modern units to the base and high level. Rolled edge work surface and inset stainless steel single drainer sink unit with mixer tap. Stainless steel oven, 4 ring hob and extractor fan over. Plumbing for an automatic washing machine, space for a fridge freezer. Tiled flooring. Concealed central heating boiler.
INNER STORE ROOM
FAMILY BATHROOM With a 3 piece suite comprising of a low level wc, pedestal wash hand and twin grip panel bath. Tiled splashbacks. Radiator and upvc double glazed window to the side elevation.
LANDING
BEDROOM ONE 12' 0" x 11' 11" (3.66m x 3.63m) Upvc double glazed window to the front elevation. Radiator.
BEDROOM 2 12' 0" x 12' 0" (3.66m x 3.66m) Feature cast iron fire surround. Radiator and upvc double glazed window to the rear elevation. Through to bed 3.
BEDROOM THREE 11' 3" x 6' 4" (3.43m x 1.93m) With a upvc double glazed window to the rear elevation. Radiator.
OUTSIDE Enclosed rear yard with useful store room.
Population in DN21 | 37,066 |
Town centre distance | 0.83 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.43 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -5% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +14% |
Sold prices | £37.5K - £200K |
Sold prices/m² | £436/m² - £2,386/m² |
| |
Square metres | ~93 m² |
Price/m² | £699/m² |
Value estimate | £78,650 |
BMV | 21% |
50 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£58K | 02/21 | 0.06 mi | 15, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LB | £734 | 79 | 3 | Terraced House | |
£65K | 03/23 | 0.06 mi | 39, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LB | £755 | 86 | 3 | Terraced House | |
£95K | 02/23 | 0.11 mi | 9, Cromwell Street, Gainsborough, Lincolnshire DN21 1DH | £1,044 | 91 | 3 | Terraced House | |
£70K | 11/21 | 0.11 mi | 5, Darwin Street, Gainsborough, Lincolnshire DN21 1DL | £843 | 83 | 3 | Terraced House | |
£60K | 02/21 | 0.12 mi | 8, Cromwell Street, Gainsborough, Lincolnshire DN21 1DH | £690 | 87 | 3 | Terraced House | |
£58K | 09/21 | 0.12 mi | 5, Cromwell Street, Gainsborough, Lincolnshire DN21 1DH | £592 | 98 | 3 | Terraced House | |
£53K | 04/21 | 0.13 mi | 18, Gordon Street, Gainsborough, Lincolnshire DN21 1DJ | £713 | 74 | 3 | Terraced House | |
£41.5K | 11/19 | 0.13 mi | 20, Gordon Street, Gainsborough, Lincolnshire DN21 1DJ | £461 | 90 | 3 | Terraced House | |
£65K | 10/20 | 0.14 mi | 4, Bacon Street, Gainsborough, Lincolnshire DN21 1DQ | £637 | 102 | 3 | Terraced House | |
£37.5K | 07/21 | 0.14 mi | 53, Gordon Street, Gainsborough, Lincolnshire DN21 1DW | £436 | 86 | 3 | Terraced House | |
£78K | 09/21 | 0.14 mi | 107, Lea Road, Gainsborough, Lincolnshire DN21 1AB | £987 | 79 | 3 | Terraced House | |
£65K | 07/21 | 0.14 mi | 101, Lea Road, Gainsborough, Lincolnshire DN21 1AB | £855 | 76 | 3 | Terraced House | |
£83K | 09/21 | 0.14 mi | 163, Lea Road, Gainsborough, Lincolnshire DN21 1AB | £1,000 | 83 | 3 | Terraced House | |
£135K | 07/23 | 0.18 mi | 2, King Street, Gainsborough, Lincolnshire DN21 1JS | £1,452 | 93 | 3 | Semi-Detached House | |
£39.5K | 07/21 | 0.18 mi | 8, Wellington Street, Gainsborough, Lincolnshire DN21 1BX | £494 | 80 | 3 | Terraced House | |
£47.5K | 05/21 | 0.18 mi | 26, Wellington Street, Gainsborough, Lincolnshire DN21 1BX | - | - | 3 | Terraced House | |
£73K | 01/21 | 0.18 mi | 49, Drake Street, Gainsborough, Lincolnshire DN21 1DF | £811 | 90 | 3 | Terraced House | |
£95K | 12/19 | 0.19 mi | 2, King Street, Gainsborough, Lincolnshire DN21 1JS | £1,022 | 93 | 3 | Semi-Detached House | |
£53K | 03/23 | 0.19 mi | 16, Washington Street, Gainsborough, Lincolnshire DN21 1DR | - | - | 3 | Terraced House | |
£70K | 03/23 | 0.2 mi | 108, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DD | £574 | 122 | 3 | Semi-Detached House | |
£112.5K | 05/23 | 0.2 mi | 178, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DD | £1,061 | 106 | 3 | Terraced House | |
£80K | 12/20 | 0.22 mi | 38, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DA | £769 | 104 | 3 | Semi-Detached House | |
£117K | 08/21 | 0.22 mi | 133, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DB | £1,376 | 85 | 3 | Semi-Detached House | |
£118K | 12/20 | 0.22 mi | 135, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DB | £1,326 | 89 | 3 | Semi-Detached House | |
£100K | 12/22 | 0.22 mi | 135, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DB | £1,124 | 89 | 3 | Terraced House | |
£127K | 01/23 | 0.23 mi | 5, St Andrews Court, Gainsborough, Lincolnshire DN21 1BD | £1,924 | 66 | 3 | Semi-Detached House | |
£60K | 07/23 | 0.23 mi | 47, Marlborough Street, Gainsborough, Lincolnshire DN21 1BT | £659 | 91 | 3 | Terraced House | |
£60K | 03/23 | 0.24 mi | 1, Prospect Terrace, Gainsborough, Lincolnshire DN21 1BP | £651 | 92 | 3 | Terraced House | |
£47K | 12/20 | 0.25 mi | 12, Wheeldon Street, Gainsborough, Lincolnshire DN21 1BS | £547 | 86 | 3 | Terraced House | |
£43K | 02/21 | 0.29 mi | 29, Linden Terrace, Gainsborough, Lincolnshire DN21 1JQ | £632 | 68 | 3 | Terraced House | |
£45K | 02/21 | 0.3 mi | 14, Britannia Terrace, Gainsborough, Lincolnshire DN21 1BL | £577 | 78 | 3 | Terraced House | |
£165K | 01/21 | 0.41 mi | 53, Enderby Crescent, Gainsborough, Lincolnshire DN21 1XQ | £1,602 | 103 | 3 | Detached House | |
£158K | 12/20 | 0.42 mi | 25, Willoughby Chase, Gainsborough, Lincolnshire DN21 1GR | £1,452 | 109 | 3 | Semi-Detached House | |
£138K | 09/21 | 0.42 mi | 54, Willoughby Chase, Gainsborough, Lincolnshire DN21 1GR | £2,091 | 66 | 3 | Semi-Detached House | |
£160K | 02/23 | 0.42 mi | 18, Willoughby Chase, Gainsborough, Lincolnshire DN21 1GR | £2,059 | 78 | 3 | Detached House | |
£160K | 07/21 | 0.45 mi | 34, Ravendale Road, Gainsborough, Lincolnshire DN21 1XA | £1,677 | 95 | 3 | Detached House | |
£186K | 08/21 | 0.52 mi | 5, Rothwell Close, Gainsborough, Lincolnshire DN21 1XN | - | - | 3 | Detached House | |
£170K | 12/20 | 0.54 mi | 129, Middlefield Lane, Gainsborough, Lincolnshire DN21 1QR | £1,848 | 92 | 3 | Detached House | |
£158K | 10/20 | 0.56 mi | 6, Hainton Close, Gainsborough, Lincolnshire DN21 1UY | £1,681 | 94 | 3 | Detached House | |
£118K | 06/23 | 0.6 mi | 6, Saracen Close, Gainsborough, Lincolnshire DN21 1PQ | - | - | 3 | Terraced House | |
£85K | 11/20 | 0.6 mi | 30, Riseholme Road, Gainsborough, Lincolnshire DN21 1NJ | £966 | 88 | 3 | Terraced House | |
£75K | 06/21 | 0.6 mi | 11, Riseholme Road, Gainsborough, Lincolnshire DN21 1NJ | £936 | 80 | 3 | Terraced House | |
£164K | 05/21 | 0.63 mi | 20, Middlefield Lane, Gainsborough, Lincolnshire DN21 1UU | £1,768 | 93 | 3 | Detached House | |
£155K | 12/21 | 0.65 mi | 33, The Pines, Gainsborough, Lincolnshire DN21 1PW | £1,987 | 78 | 3 | Semi-Detached House | |
£150K | 07/21 | 0.65 mi | 62, The Pines, Gainsborough, Lincolnshire DN21 1PW | £1,705 | 88 | 3 | Detached House | |
£97K | 12/20 | 0.67 mi | 17, Pingle Close, Gainsborough, Lincolnshire DN21 1XR | £1,448 | 67 | 3 | Semi-Detached House | |
£200K | 07/23 | 0.68 mi | 3, Middlefield Lane, Gainsborough, Lincolnshire DN21 1TY | £1,887 | 106 | 3 | Semi-Detached House | |
£167K | 08/21 | 0.68 mi | 23, Foxby Lane, Gainsborough, Lincolnshire DN21 1PP | £2,386 | 70 | 3 | Detached House | |
£80K | 08/21 | 0.69 mi | 10, Aegir Close, Gainsborough, Lincolnshire DN21 1YP | £860 | 93 | 3 | Terraced House | |
£87K | 08/21 | 0.69 mi | 11, Aegir Close, Gainsborough, Lincolnshire DN21 1YP | - | - | 3 | Terraced House |
Cash In | |
Deposit (25%) | £16,250 |
Stamp duty & legals | £3,150 |
Total cash in | £19,400 |
| |
Cash Out | |
Rent range | £395 - £1,200 |
Rent estimate | £425 |
Running costs/mo | £308 |
Cashflow/mo | £117 |
Cashflow/yr | £1,404 |
ROI | 7% |
Gross yield | 8% |
42 rents
Rent | Date | Distance | Address | Beds | Type | |
£575 | 11/23 | 0.1 mi | Trent Street, Gainsborough | 3 | Terraced House | |
£575 | 02/24 | 0.1 mi | Trent Street, Gainsborough | 4 | Terraced House | |
£600 | 02/24 | 0.1 mi | Trent Street, Gainsborough | 1 | Terraced House | |
£500 | 02/24 | 0.17 mi | Lea Place | 2 | Flat | |
£400 | 02/24 | 0.22 mi | 65 Trinity Street, Second Floor Flat, Lincolnshire, DN21 | 1 | Flat | |
£750 | 10/23 | 0.23 mi | - | 3 | Semi-Detached House | |
£450 | 02/24 | 0.29 mi | Linden Terrace, Gainsborough | 2 | Terraced House | |
£575 | 01/24 | 0.3 mi | Furleys Wharf, Gainsborough | 2 | Flat | |
£540 | 11/23 | 0.3 mi | - | 2 | Terraced House | |
£750 | 02/24 | 0.38 mi | Trinity Street, Gainsborough DN21 | 5 | Terraced House | |
£540 | 01/24 | 0.42 mi | Lewis Street, Gainsborough | 2 | Terraced House | |
£650 | 02/24 | 0.48 mi | Foxby Mews, Gainsborough, Lincolnshire, DN21 | 2 | Terraced House | |
£550 | 02/24 | 0.48 mi | Bridge Street, Gainsborough, DN21 | 2 | Flat | |
£600 | 02/24 | 0.49 mi | Granary Wharf, Gainsborough | 2 | Flat | |
£725 | 11/23 | 0.52 mi | - | 2 | Semi-Detached House | |
£495 | 12/23 | 0.67 mi | Marshalls Court, Gainsborough | 2 | Flat | |
£395 | 02/24 | 0.69 mi | Church Street, Gainsborough | 1 | Flat | |
£945 | 12/23 | 0.71 mi | - | 3 | Semi-Detached House | |
£825 | 10/23 | 0.71 mi | - | 2 | Terraced House | |
£1,200 | 02/24 | 0.73 mi | - | 4 | Semi-Detached House | |
£800 | 02/24 | 0.78 mi | Parish Mews, Gainsborough, DN21 | 3 | Terraced House | |
£525 | 01/24 | 0.78 mi | Tennyson Street, Gainsborough | 2 | Terraced House | |
£650 | 02/24 | 0.81 mi | Tower Street, Gainsborough | 2 | Terraced House | |
£555 | 02/24 | 0.83 mi | James Court, Gainsborough , DN21 2FB | 1 | Flat | |
£495 | 02/24 | 0.83 mi | Carlisle Mews, Gainsborough | 2 | Flat | |
£500 | 10/23 | 0.87 mi | - | 2 | Flat | |
£625 | 01/24 | 0.95 mi | Glentham Road, Gainsborough | 3 | Flat | |
£595 | 02/24 | 0.96 mi | Swallow Close, Gainsborough | 2 | Flat | |
£650 | 02/24 | 1.05 mi | Ropery Road, Gainsborough | 2 | Flat | |
£725 | 12/23 | 1.12 mi | - | 3 | Terraced House | |
£495 | 12/23 | 1.18 mi | Henley Court, Gainsborough | 2 | Flat | |
£625 | 11/23 | 1.18 mi | - | 3 | Semi-Detached House | |
£575 | 02/24 | 1.23 mi | Ropery Road, Gainsborough | 2 | Terraced House | |
£850 | 01/24 | 1.23 mi | - | 4 | Semi-Detached House | |
£750 | 02/24 | 1.36 mi | Wentworth Close, Gainsborough | 3 | Flat | |
£795 | 03/24 | 1.38 mi | - | 3 | Terraced House | |
£750 | 06/23 | 1.38 mi | - | 2 | Terraced House | |
£625 | 09/23 | 1.4 mi | - | 3 | Semi-Detached House | |
£650 | 01/24 | 1.41 mi | - | 2 | Terraced House | |
£900 | 01/24 | 1.47 mi | - | 3 | Semi-Detached House | |
£725 | 02/24 | 1.48 mi | The Avenue, Gainsborough, DN21 1EP | 3 | Terraced House | |
£650 | 07/23 | 1.55 mi | - | 2 | Semi-Detached House |