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
BMV22%

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.

PriceDateDistanceAddressBeds 
£185K02/210.19 mi47, Morton Terrace, Gainsborough, Lincolnshire DN21 2RG5
£190K05/230.23 mi7, Love Lane, Gainsborough, Lincolnshire DN21 2SG5
£180K02/210.29 mi41, Morton Terrace, Gainsborough, Lincolnshire DN21 2RF5
£170K07/230.44 mi5, Handel Court, Gainsborough, Lincolnshire DN21 2FD5
£185K12/200.6 mi11, Pendeen Close, Gainsborough, Lincolnshire DN21 1YE5
£246K12/211.04 mi20, Heron Drive, Gainsborough, Lincolnshire DN21 1GJ5
£235K06/231.04 mi20, Heron Drive, Gainsborough, Lincolnshire DN21 1GJ5
£335K11/201.82 mi2, Nursery Gardens, Beckingham, Doncaster, Nottinghamshire DN10 4NF5
£1.1M09/222.04 miThe Hall, Low Street, Beckingham, Doncaster, Nottinghamshire DN10 4PJ5
£280K02/212.09 miHolme House, 12, Bar Road North, Beckingham, Doncaster, Nottinghamshire DN10 4NN5
£200K02/232.53 miMill Farm, Gringley Road, Beckingham, Doncaster, Nottinghamshire DN10 4QD5

Local Rents

16 rents from £625/mo to £1.2K/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£62509/230.14 mi-3
£65001/250.18 mi-3
£85012/240.18 mi-4
£85004/250.18 mi-4
£62511/230.22 mi-3
£72502/250.22 mi-3
£75001/250.23 mi-3
£72512/240.26 mi-3
£79504/250.29 mi-3
£77501/250.45 mi-3
£75012/240.48 miWentworth Close, Gainsborough3
£72512/240.52 miThe Avenue, Gainsborough, DN21 1EP3
£80012/240.53 miParish Mews, Gainsborough, DN213
£1,20012/240.55 mi-4
£1,20004/250.55 mi-4
£94512/240.59 mi-3

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

  • NO CHAIN +
  • GREAT LOCATION WITHIN WALKING DISTANCE OF QUEEN ELIZABETH GRAMMAR SCHOOL +
  • SPACIOUS PERIOD PROPERTY +
  • GENEROUS LOUNGE & DINING ROOM +
  • OPEN PLAN MODERN DINING KITCHEN +
  • FIVE DOUBLE BEDROOMS +
  • CONTEMPORARY FOUR PIECE BATHROOM SUITE +
  • LAWNED REAR GARDEN +

NO CHAINFANTASTIC LOCATION WITHIN WALKING DISTANCE TO QUEEN ELIZABETH GRAMMAR SCHOOLSPACIOUS PERIOD PROPERTY

his charming and spacious period property, offered with no onward chain, is move-in ready for its next owners. Showcasing a wealth of character, the home features generous room sizes, high ceilings, and five double bedrooms. Conveniently located in the heart of the community, it is within easy reach of schools, shops, restaurants, and more.

Upon entering, you are greeted by an inviting entrance hall that leads to a cozy lounge, a formal dining room, and a contemporary open-plan dining kitchen—perfect for family gatherings and entertaining. The first floor boasts three well-proportioned double bedrooms, all served by a luxurious four-piece family bathroom suite. The second floor offers two additional spacious double bedrooms, providing ample accommodation for a growing family or guests.

Externally, the property features a low-maintenance front garden and a side pathway leading to the rear. The enclosed rear garden is a peaceful retreat, primarily laid to lawn, and includes a delightful summer house, ideal for relaxing or outdoor entertaining.

Viewings are highly recommended to fully appreciate the charm and potential of this beautiful home!

Agent Details

Paul Fox, Gainsborough

01420 554757

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪