2 Bed Semi-Detached House, Single Let, Gainsborough, DN21 1LB, £63,000

Ashcroft Road, Gainsborough, DN21 1LB - 1 views - 2 years ago

BTL
ROI: 8%
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£30.5K - £195K
Sold Prices/m²£384/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£925/m²

Value Estimate

£56,266

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,750

Stamp Duty & Legal Fees

£3,090

Total Cash In

£18,840

 

 

Cash Out

 

Rent Range

£450 - £725

Rent Estimate

£425

Running Costs/mo

£302

Cashflow/mo

£123

Cashflow/yr

£1,478

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £30.5K to £195K, average is £67.1K. £384/m² to £2.6K/m², average is £826/m².

PriceDateDistanceAddressBeds 
£61K12/200 mi57, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LB2
£60K02/210.02 mi26, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LD2
£72K02/230.06 mi6, Ruskin Street, Gainsborough, Lincolnshire DN21 1DN2
£58.4K04/210.07 mi66, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£61K06/210.07 mi1, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£50K05/210.07 mi14, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£32K10/200.07 mi6, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£65K02/230.09 mi25, Gordon Street, Gainsborough, Lincolnshire DN21 1DW2
£69K10/210.09 mi43, Lea Road, Gainsborough, Lincolnshire DN21 1LL2
£60K03/230.1 mi1, Trent Street, Gainsborough, Lincolnshire DN21 1JZ2
£59K10/200.1 mi9, Bacon Street, Gainsborough, Lincolnshire DN21 1DQ2
£37.5K01/230.11 mi64, Stanley Street, Gainsborough, Lincolnshire DN21 1DS2
£40K03/210.12 mi85, Stanley Street, Gainsborough, Lincolnshire DN21 1DT2
£72.5K08/210.13 mi31, St Johns Terrace, Gainsborough, Lincolnshire DN21 1BY2
£61K05/210.13 mi35, St Johns Terrace, Gainsborough, Lincolnshire DN21 1BY2
£64K03/210.14 mi53, Drake Street, Gainsborough, Lincolnshire DN21 1DF2
£85K04/230.15 mi174, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DD2
£69K12/220.15 mi34, Burton Street, Gainsborough, Lincolnshire DN21 1DX2
£63.5K04/210.18 mi1, Shakespeare Street, Gainsborough, Lincolnshire DN21 1DE2
£38K11/200.23 mi7, Wheeldon Street, Gainsborough, Lincolnshire DN21 1BS2
£30.5K03/210.23 mi26, Dickenson Terrace, Gainsborough, Lincolnshire DN21 1BZ2
£48K03/210.23 mi15, Dickenson Terrace, Gainsborough, Lincolnshire DN21 1BZ2
£45K04/210.29 mi34, Linden Terrace, Gainsborough, Lincolnshire DN21 1JQ2
£45K04/230.29 mi9, Linden Terrace, Gainsborough, Lincolnshire DN21 1JQ2
£53K03/230.3 mi61, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1BQ2
£83K03/230.33 mi44, Pillard House Lane, Gainsborough, Lincolnshire DN21 1HX2
£59K08/210.37 mi19, Florence Terrace, Gainsborough, Lincolnshire DN21 1BE2
£53.5K01/210.4 mi6, Lewis Street, Gainsborough, Lincolnshire DN21 2AB2
£112K06/230.49 mi3, Meldrum Drive, Gainsborough, Lincolnshire DN21 1GS2
£195K12/220.55 mi13, Claremont Road, Gainsborough, Lincolnshire DN21 1QW2
£74K02/210.62 mi47, Foxby Lane, Gainsborough, Lincolnshire DN21 1PP2
£113K10/200.63 mi15, Pingle Close, Gainsborough, Lincolnshire DN21 1XR2
£125K07/230.63 mi12, Pingle Close, Gainsborough, Lincolnshire DN21 1XR2
£100K04/210.63 mi28, Pingle Close, Gainsborough, Lincolnshire DN21 1XR2
£165K12/210.66 miPeartree Paddock, Lea Road, Gainsborough, Lincolnshire DN21 1AW2
£78.5K02/230.67 mi19, Spring Gardens, Gainsborough, Lincolnshire DN21 2AY2
£120K05/230.73 mi19, Hickman Court, Gainsborough, Lincolnshire DN21 1NZ2
£100K06/230.74 mi9a, Morley Street, Gainsborough, Lincolnshire DN21 2NF2
£111.5K06/230.75 mi88, Brewster Road, Gainsborough, Lincolnshire DN21 1ZA2
£101K04/230.75 mi48, Brewster Road, Gainsborough, Lincolnshire DN21 1ZA2
£58.5K08/210.77 mi21, Tennyson Street, Gainsborough, Lincolnshire DN21 2JG2
£66.8K02/210.8 mi22, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£72K12/200.8 mi24, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£72.5K05/230.8 mi8, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£68K11/200.8 mi40, Tower Street, Gainsborough, Lincolnshire DN21 2JQ2
£64K05/230.8 mi4, Jubilee Crescent, Gainsborough, Lincolnshire DN21 2HJ2
£76K05/230.84 mi17, Balfour Street, Gainsborough, Lincolnshire DN21 2LF2
£127.5K02/230.86 mi1, Heapham Crescent, Gainsborough, Lincolnshire DN21 1TB2
£118K03/230.96 mi59, Juniper Way, Gainsborough, Lincolnshire DN21 1GW2
£67.5K07/210.99 mi46, Arkwright Street, Gainsborough, Lincolnshire DN21 2QJ2

Local Rents

14 rents from £450/mo to £725/mo, average is £563/mo.

RentDateDistanceAddressBeds 
£49510/240.08 mi-2
£59502/250.15 mi-2
£50012/240.15 miLea Place2
£49512/240.25 mi-2
£59511/240.26 mi-2
£45012/240.29 miLinden Terrace, Gainsborough2
£54012/240.29 mi-2
£57512/240.31 miFurleys Wharf, Gainsborough2
£70011/240.41 mi-2
£54012/240.41 miLewis Street, Gainsborough2
£65012/240.43 miFoxby Mews, Gainsborough, Lincolnshire, DN212
£72511/230.47 mi-2
£55012/240.49 miBridge Street, Gainsborough, DN212
£60012/240.5 miGranary Wharf, Gainsborough2

Local Area Statistics

Population in DN21

36,969

Population in Gainsborough

37,066

Town centre distance

0.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £63,000

February 23, 2023

Description

  • Appealing Rental Yields On Offer +
  • Traditional End Terrace House +
  • Two Bedrooms +
  • Kitchen +
  • Lounge +
  • Dining Room +
  • Family Bathroom +
  • Parking To The Rear +
  • Sold with Tenant In Situ +
  • Achieving £425pcm +

A well proportioned bay fronted 2 bedroom traditional end of terrace house, located in an area enjoying a scheme of development and regeneration. The property offers well laid out living space with appealing rental yields on offer. Accommodation briefly comprises of a living room, separate dining room, kitchen, 2 double bedrooms and an upstairs bathroom. Externally, A rear garden is offered which can be utilised for parking if required. The property comes equipped with gas central heating and upvc double glazing. Sold with Tenant In Situ
Achieving £425pcm 

Upvc double glazed door to the  

LOUNGE 12' 11" x 12' 1" (3.94m x 3.68m) Into Bay Upvc double glazed bay window to the front. Radiator
 

INNER HALLWAY Stairway to the 1st floor 

DINING ROOM 12' 1" x 11' 2" (3.68m x 3.4m) With a useful understairs store cupboard. Radiator and upvc double glazed window to the rear elevation.  

KITCHEN 14' 5" x 5' 1" (4.39m x 1.55m) With range of units to the base and high level, rolled edge working surface and inset stainless steel sink unit with mixer tap. Stainless steel oven, 4 ring hob and extractor fan over. Upvc double glazed door and window to the side elevation. Tiled floor, breakfast bar. 

1st Floor landing 

BEDROOM ONE 12' 0" x 11' 3" (3.66m x 3.43m) With upvc double doorway to the front elevation. Radiator. cast iron fireplace.  

BEDROOM TWO 11' 4" x 9' 1" (3.45m x 2.77m) With upvc double glazed window to the rear elevation. Radiator 

BATHROOM 8' 5" x 5' 3" (2.57m x 1.6m) With 3 piece suite comprising of a low level wc, pedestal wash hand basin and panel bath with mixer shower tap. Tiled to the suite area. Upvc double glazed window.  

OUTSIDE Rear yard/garden.

Agent Details

Martin & Co, Gainsborough

01427 800763

Next Steps?

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