5 Bed Detached House, Single Let, Gainsborough, DN21 5FE, £410,000

2 St Helens View, Gainsborough, Lincolnshire, DN21 5FE - 3 views - 2 years ago

BTL
ROI: 7%
172 m²
+14 photos

ValuationOvervalued

Sold Prices£395K - £598K
Sold Prices/m²£1.6K/m² - £2.6K/m²

 

 

Square Metres

172 m²
Price/m²£2.4K/m²

Value Estimate

£397,539

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£102,500

Stamp Duty & Legal Fees

£21,500

Total Cash In

£124,000

 

 

Cash Out

 

Rent Range

£2,565 - £2,565

Rent Estimate

£2,565

Running Costs/mo

£1,814

Cashflow/mo

£751

Cashflow/yr

£9,009

ROI

7%

Gross Yield

8%

Local Sold Prices

5 sold prices from £395K to £598K, average is £475K. £1.6K/m² to £2.6K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£598K10/232.18 mi9, Old Rectory Gardens, Sturton By Stow, Lincoln, Lincolnshire LN1 2FE5
£400K09/212.19 mi21, Davey Close, Sturton By Stow, Lincoln, Lincolnshire LN1 2FF5
£500K03/232.64 miThe Barns, Knaith Hill, Knaith, Gainsborough, Lincolnshire DN21 5PF5
£475K06/212.67 miWalford House, Hillside, Knaith, Gainsborough, Lincolnshire DN21 5LT5
£395K01/212.76 mi14, Willingham Road, Lea, Gainsborough, Lincolnshire DN21 5EN5

Local Rents

3 rents from £2.6K/mo to £2.6K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,56505/242.23 mi-2
£2,56512/242.23 mi-2
£2,56512/242.23 mi-2

Local Area Statistics

Population in DN21

36,969

Population in Gainsborough

37,066

Town centre distance

4.79 miles away

Nearest school

2.40 miles away

Nearest train station

4.06 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £410,000

October 4, 2023

Sold for £249,995

2003

Floor Plans

Description

  • OFFERS OVER £420,000 +
  • GENEROUS FIVE BEDROOM DETACHED HOME +
  • THREE RECEPTION ROOMS +
  • DOUBLE BEDROOMS +
  • AMPLE DRIVEWAY PARKING & DOUBLE GARAGE +
  • FRONT & REAR GARDENS +
  • HIGHLY SOUGHT AFTER VILLAGE LOCATION +
  • NEW BOILER WITH 5 YEAR WARRANTY +

SUMMARY
Situated in a sought after rural village location is this spacious detached home boasting three reception rooms, double bedrooms, en suite to the master, front and rear gardens, driveway parking, a double garage and local access to the village amenities nearby!

DESCRIPTION
William H Brown are delighted to offer to the market this well presented detached family home, situated in the sought after rural village of Willingham By Stow providing local access to the village amenities. Ground floor accommodation of this property briefly comprises; entrance hall, downstairs wc, study, lounge, dining room, kitchen and utility room. To the first floor there are five double bedrooms with en suite to the master and a family bathroom. Externally, to the front of the property is a generous driveway providing ample off road parking for multiple cars, access to the double garage, a partially hedge enclosed area of lawn with pathway leading to the front door and a further area of lawn. To the rear of the property is a generous and fully enclosed garden, mainly laid to lawn with a patio area. An early and internal viewing is highly recommended to appreciate this property and its location in full.

Entrance Porch 
With double glazed windows to the side and wooden flooring

Entrance Hall 
Door to the front, two windows to the side, stairs to first floor landing, storage cupboard, wooden flooring, radiator

Downstairs Wc 
Wc, wash hand basin

Study 9' 6" x 8' 4" ( 2.90m x 2.54m )
Double glazed window to the front, carpet flooring, radiator

Lounge 19' 8" x 12' 5" ( 5.99m x 3.78m )
Double glazed window to the side, French doors to the rear, carpet flooring, radiator, TV point

Dining Room 12' x 11' ( 3.66m x 3.35m )
Accessed via double glass doors, double glazed window to the front, wooden flooring, radiator

Kitchen 17' 4" x 11' 10" ( 5.28m x 3.61m )
Double glazed windows to the side and rear, a fitted kitchen in a range of wall and base units with work surfaces, integrated fridge freezer and dishwasher, gas hob, electric oven, cooker hood over, inset one and a half bowl sink and drainer, radiator and tiling to the walls and floor

Utility Room 6' 5" x 6' 9" ( 1.96m x 2.06m )
Door to the rear accessing rear garden, fitted with a range of wall and base units with work surfaces, inset one bowl sink and drainer, space and plumbing for washing machine, space for tumble dryer

First Floor Landing 
Carpet flooring, boiler cupboard, storage cupboard, radiator

Bedroom One 16' 4" max x 12' 6" max ( 4.98m max x 3.81m max )
Double glazed window to the front, carpet flooring, radiator

En Suite 
Double glazed window to the front, shower cubicle, tiled flooring, partly tiled walls, wc, wash hand basin, radiator, extractor fan

Bedroom Two 13' 10" x 11' ( 4.22m x 3.35m )
Double glazed window to the rear, carpet flooring, radiator

Bedroom Three 12' 11" x 8' 11" ( 3.94m x 2.72m )
Double glazed window to the rear, radiator, carpet flooring

Bedroom Four 10' 5" x 8' 3" ( 3.17m x 2.51m )
Double glazed window to the front, carpet flooring, radiator

Bedroom Five 11' x 8' 2" ( 3.35m x 2.49m )
Double glazed window to the front, carpet flooring, radiator

Family Bathroom 
Double glazed window to the side, wc, wash hand basin, bath with mixer taps, shower cubicle, shaver point, tiling to the walls and floor, radiator

Double Garage 

Outside 
To the front of the property is a generous driveway providing ample off road parking for multiple cars, access to the double garage, a partially hedge enclosed area of lawn with pathway leading to the front door and a further area of lawn. To the rear of the property is a generous and fully enclosed garden, mainly laid to lawn with a patio area.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Lincoln

020 3866 6725

Next Steps?

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