3 Bed Terraced House, Potential PLO/LOA, Gainsborough, DN21 1JR, £40,000
19 Portland Terrace, Gainsborough, Lincolnshire, DN21 1JR - 2 views - 4 months ago
Auction
Negative Equity
ROI: 13%
73 m²





+6 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £10,000 |
Stamp Duty & Legal Fees | £2,700 |
Total Cash In | £12,700 |
| |
Cash Out | |
Rent Range | £575 - £945 |
Rent Estimate | £425 |
Running Costs/mo | £230 |
Cashflow/mo | £195 |
Cashflow/yr | £2,340 |
ROI | 18% |
Gross Yield | 13% |
Local Rents
11 rents from £575/mo to £945/mo, average is £650/mo.
Local Area Statistics
Population in DN21 | 36,969 |
Population in Gainsborough | 37,066 |
Town centre distance | 0.59 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.40 miles away |
| |
Rental demand | Landlord's market |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Price changed to £40,000
February 28, 2025
Listed for £50,000
-12%
November 21, 2024
Sold for £56,150
2005
Sold for £21,995
1999
Floor Plans

Description
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