4 Bed Detached House, Single Let, Gainsborough, DN21 5LB, £385,000

27a Grange Lane, Willingham By Stow, Gainsborough, DN21 5LB - 6 months ago

BTL
~203 m²
+15 photos

ValuationUndervalued

Sold Prices£150K - £450K
Sold Prices/m²£1.2K/m² - £6K/m²

 

 

Square Metres

~203.32 m²
Price/m²£1.9K/m²

Value Estimate

£413,190
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£27,200

Total Cash In

£123,450

 

 

Cash Out

 

Rent Range

£720 - £2,565

Rent Estimate

£720

Running Costs/mo

£1,367

Cashflow/mo

£-647

Cashflow/yr

£-7,765

Gross Yield

2%

Local Sold Prices

17 sold prices from £150K to £450K, average is £310K. £1.2K/m² to £6K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£372.5K12/200 mi2, Grange Lane, Willingham By Stow, Gainsborough, Lincolnshire DN21 5LB4
£205K12/200 mi27, Grange Lane, Willingham By Stow, Gainsborough, Lincolnshire DN21 5LB4
£290K06/210.08 mi5, The Paddocks, Willingham By Stow, Gainsborough, Lincolnshire DN21 5LP4
£360K12/200.12 mi1a, High Street, Willingham By Stow, Gainsborough, Lincolnshire DN21 5JZ4
£350K02/210.12 mi9, High Street, Willingham By Stow, Gainsborough, Lincolnshire DN21 5JZ4
£300K11/200.82 mi27, Glentworth Road, Kexby, Gainsborough, Lincolnshire DN21 5NA4
£245K07/210.94 mi1, Westgate, Kexby, Gainsborough, Lincolnshire DN21 5NB4
£350K02/211.11 miThe Old Mill House, Upton Road, Kexby, Gainsborough, Lincolnshire DN21 5NF4
£230K06/211.59 mi25, High Street, Upton, Gainsborough, Lincolnshire DN21 5NL4
£295K03/211.62 mi8b, Sturton Road, Stow, Lincoln, Lincolnshire LN1 2DA4
£450K05/232.04 mi3, Old Rectory Gardens, Sturton By Stow, Lincoln, Lincolnshire LN1 2FE4
£310K11/222.04 mi7, Davey Close, Sturton By Stow, Lincoln, Lincolnshire LN1 2FF4
£335K03/212.6 mi9, Adams Way, Marton, Gainsborough, Lincolnshire DN21 5AQ4
£395K06/232.79 mi24, Tillbridge Road, Sturton By Stow, Lincoln, Lincolnshire LN1 2BP4
£150K04/232.86 mi26, Queensway, Sturton By Stow, Lincoln, Lincolnshire LN1 2AD4
£315K01/212.9 mi69, Saxilby Road, Sturton By Stow, Lincoln, Lincolnshire LN1 2AA4
£267.5K12/202.92 miDutch Cottage, Gainsborough Road, Knaith, Gainsborough, Lincolnshire DN21 5PE4

Local Rents

4 rents from £720/mo to £2.6K/mo, average is £2.6K/mo.

RentDateDistanceAddressBeds 
£2,56505/242.09 mi-2
£2,56512/242.09 mi-2
£2,56512/242.09 mi-2
£72001/252.38 mi-2

Local Area Statistics

Population in DN21

36,969

Population in Gainsborough

37,066

Town centre distance

4.99 miles away

Nearest school

2.30 miles away

Nearest train station

4.27 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Price changed to £385,000

February 8, 2025

Price changed to £395,000

November 18, 2024

Listed for £410,000

October 18, 2024

Floor Plans

Description

  • Immaculate 4 Bedroom Detached House +
  • Lounge, Kitchen Diner, Utility Room +
  • Conservatory & Study +
  • Ground Floor Bedroom & Bathroom +
  • Master En-Suite and Luxury Family Bathroom +
  • Garage, Drive, Gardens +
  • EPC Energy Rating - C +
  • Council Tax Band - E (West Lindsey Council) +

A rare opportunity to acquire a spacious and immaculately presented detached family home in the heart of the rural village of Willingham by Stow, conveniently situated between Lincoln and Gainsborough. The accommodation on offer comprises of a welcoming spacious Hallway, Lounge, Open Plan Kitchen Diner, Utility Room, Conservatory, Study, Ground Floor Bedroom, Shower Room and a First Floor Landing leading to three further Bedrooms, Master with En-suite, and luxury Family Bathroom. Outside there is a driveway providing off road parking for multiple vehicles, a single garage and wraparound gardens. Viewing is highly recommended. 

LOCATION Willingham By Stow is located approximately 6 miles south of the Market Town of Gainsborough and 12 miles north of the historic Cathedral City of Lincoln. There is a local village Church and village Hall. The village also offers two public houses and a regulars bus service to Lincoln and Gainsborough.  

HALL 13' 2" x 10' 8" (4.03m x 3.26m) A welcoming and spacious hallway with staircase to the first floor, double glazed window to the front aspect, understairs storage cupboard, wooden flooring and radiator.  

LOUNGE 19' 7" x 13' 0" (5.97m x 3.97m) With double glazed windows to the front and rear aspects, double glazed bay window to the side aspect, log burner, wooden flooring and two radiators.  

OPEN PLAN KITCHEN/DINER 23' 5 (max)" x 13' 4 (max)" (7.14m x 4.06m) Fitted with a modern range of wall and base units with work surfaces over, 1 1/2 bowl framed sink with side drainer and mixer tap over, spaces for Range cooker and fridge freezer, tiled splashbacks, spotlights, tall radiator and two double glazed windows to the side aspects.  

UTILITY ROOM 11' 11" x 6' 2" (3.65m x 1.88m) Fitted with wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, tiled splashbacks, spaces for washing machine and tumble dryer, gas fired central heating boiler, double glazed window to the side aspect and door to the rear garden. 

CONSERVATORY 10' 9" x 10' 5" (3.28m x 3.19m) With double glazed French doors to the garden, tiled flooring, spotlights and radiator.  

STUDY 8' 5" x 6' 11" (2.58m x 2.11m) With double glazed window to the rear aspect, storage cupboard, wood effect flooring and radiator.  

GROUND FLOOR BEDROOM 4 12' 11" x 9' 8" (3.95m x 2.97m) With double glazed window to the side aspect and radiator. 

SHOWER ROOM 5' 11" x 5' 8" (1.82m x 1.75m) Fitted with a three piece suite comprising of shower cubicle, close coupled WC and wash hand basin in a vanity style unit, tiled walls, towel radiator and double glazed window to the rear aspect. 

FIRST FLOOR LANDING With Velux window and loft access point. 

BEDROOM 1 19' 6" x 14' 6" (5.95m x 4.42m) With a range of fitted wardrobes, double glazed window to the side aspect and radiator.  

EN-SUITE SHOWER ROOM 7' 6" x 7' 0" (2.30m x 2.15m) Fitted with a three piece suite comprising of shower cubicle, close coupled WC and pedestal wash hand basin, tiled walls, radiator and Velux window. 

BEDROOM 2 19' 6" x 12' 9 (max)" (5.96m x 3.89m) With double glazed window to the side aspect, Velux window and radiator. 

BEDROOM 3 9' 4" x 7' 10" (2.85m x 2.39m) With double glazed window to the front aspect and radiator. 

LUXURY BATHROOM 7' 6" x 7' 5" (2.30m x 2.28m) Fitted with a luxurious three piece suite comprising of freestanding roll top bath, close coupled WC and pedestal wash hand basin, tiled walls, radiator and Velux window. 

OUTSIDE The property has wraparound gardens with lawned areas, patio and decked seating areas, shed, summer house, flowerbeds and mature shrubs. There is a driveway providing off street parking for multiple vehicles and giving access to the garage. 

GARAGE 19' 8" x 9' 10" (6.00m x 3.00m) With up and over door to the front aspect, personal door to the rear aspect, light and power.

Agent Details

Mundys, Lincoln

01522 459939

Next Steps?

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