5 Bed Semi-Detached House, Single Let, Gainsborough, DN21 2RL, £170,000
Morton Terrace, Gainsborough, Lincolnshire, DN21 2RL - 1 views - 4 months ago
BTL
~178 m²





+13 photos
ValuationUndervalued
Sold Prices | £170K - £1.1M |
Sold Prices/m² | £1.2K/m² - £1.8K/m² |
| |
Square Metres | ~178.28 m² |
Price/m² | £954/m² |
Value Estimate | £207,400 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £42,500 |
Stamp Duty & Legal Fees | £6,300 |
Total Cash In | £48,800 |
| |
Cash Out | |
Rent Range | £625 - £1,200 |
Rent Estimate | £638 |
Running Costs/mo | £679 |
Cashflow/mo | £-41 |
Cashflow/yr | £-490 |
Gross Yield | 5% |
Local Sold Prices
11 sold prices from £170K to £1.1M, average is £200K. £1.2K/m² to £1.8K/m², average is £1.4K/m².
Local Rents
16 rents from £625/mo to £1.2K/mo, average is £763/mo.
Local Area Statistics
Population in DN21 | 36,969 |
Population in Gainsborough | 37,066 |
Town centre distance | 0.66 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.78 miles away |
| |
Rental demand | Landlord's market |
Sales demand | Balanced market |
Capital growth (5yrs) | +20% |
Property History
Listed for £170,000
January 6, 2025
Floor Plans

Description
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