3 Bed Terraced House, Single Let, Gainsborough, DN21 1DL, £60,000

Darwin Street, Gainsborough, DN21 1DL - 3 views - 2 months ago

Sold STC
BTL
ROI: 10%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£37.5K - £200K
Sold Prices/m²£436/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£645/m²

Value Estimate

£74,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£3,000

Total Cash In

£18,000

 

 

Cash Out

 

Rent Range

£575 - £945

Rent Estimate

£450

Running Costs/mo

£298

Cashflow/mo

£153

Cashflow/yr

£1,830

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £37.5K to £200K, average is £86K. £436/m² to £2.4K/m², average is £994/m².

PriceDateDistanceAddressBeds 
£70K11/210 mi5, Darwin Street, Gainsborough, Lincolnshire DN21 1DL3
£95K02/230.02 mi9, Cromwell Street, Gainsborough, Lincolnshire DN21 1DH3
£53K04/210.03 mi18, Gordon Street, Gainsborough, Lincolnshire DN21 1DJ3
£60K02/210.03 mi8, Cromwell Street, Gainsborough, Lincolnshire DN21 1DH3
£58K09/210.03 mi5, Cromwell Street, Gainsborough, Lincolnshire DN21 1DH3
£65K10/200.05 mi4, Bacon Street, Gainsborough, Lincolnshire DN21 1DQ3
£37.5K07/210.05 mi53, Gordon Street, Gainsborough, Lincolnshire DN21 1DW3
£58K02/210.06 mi15, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LB3
£65K03/230.06 mi39, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LB3
£78K09/210.07 mi107, Lea Road, Gainsborough, Lincolnshire DN21 1AB3
£65K07/210.07 mi101, Lea Road, Gainsborough, Lincolnshire DN21 1AB3
£83K09/210.07 mi163, Lea Road, Gainsborough, Lincolnshire DN21 1AB3
£53K03/230.08 mi16, Washington Street, Gainsborough, Lincolnshire DN21 1DR3
£73K01/210.08 mi49, Drake Street, Gainsborough, Lincolnshire DN21 1DF3
£70K03/230.09 mi108, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DD3
£112.5K05/230.09 mi178, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DD3
£117K08/210.11 mi133, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DB3
£118K12/200.11 mi135, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DB3
£100K12/220.11 mi135, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DB3
£127K01/230.14 mi5, St Andrews Court, Gainsborough, Lincolnshire DN21 1BD3
£80K12/200.15 mi38, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DA3
£39.5K07/210.17 mi8, Wellington Street, Gainsborough, Lincolnshire DN21 1BX3
£47.5K05/210.17 mi26, Wellington Street, Gainsborough, Lincolnshire DN21 1BX3
£60K07/230.22 mi47, Marlborough Street, Gainsborough, Lincolnshire DN21 1BT3
£135K07/230.22 mi2, King Street, Gainsborough, Lincolnshire DN21 1JS3
£47K12/200.24 mi12, Wheeldon Street, Gainsborough, Lincolnshire DN21 1BS3
£60K03/230.24 mi1, Prospect Terrace, Gainsborough, Lincolnshire DN21 1BP3
£45K02/210.29 mi14, Britannia Terrace, Gainsborough, Lincolnshire DN21 1BL3
£43K02/210.32 mi29, Linden Terrace, Gainsborough, Lincolnshire DN21 1JQ3
£158K12/200.33 mi25, Willoughby Chase, Gainsborough, Lincolnshire DN21 1GR3
£138K09/210.33 mi54, Willoughby Chase, Gainsborough, Lincolnshire DN21 1GR3
£160K02/230.33 mi18, Willoughby Chase, Gainsborough, Lincolnshire DN21 1GR3
£165K01/210.36 mi53, Enderby Crescent, Gainsborough, Lincolnshire DN21 1XQ3
£160K07/210.38 mi34, Ravendale Road, Gainsborough, Lincolnshire DN21 1XA3
£170K12/200.43 mi129, Middlefield Lane, Gainsborough, Lincolnshire DN21 1QR3
£186K08/210.47 mi5, Rothwell Close, Gainsborough, Lincolnshire DN21 1XN3
£118K06/230.49 mi6, Saracen Close, Gainsborough, Lincolnshire DN21 1PQ3
£158K10/200.49 mi6, Hainton Close, Gainsborough, Lincolnshire DN21 1UY3
£85K11/200.5 mi30, Riseholme Road, Gainsborough, Lincolnshire DN21 1NJ3
£75K06/210.5 mi11, Riseholme Road, Gainsborough, Lincolnshire DN21 1NJ3
£155K12/210.53 mi33, The Pines, Gainsborough, Lincolnshire DN21 1PW3
£150K07/210.53 mi62, The Pines, Gainsborough, Lincolnshire DN21 1PW3
£164K05/210.56 mi20, Middlefield Lane, Gainsborough, Lincolnshire DN21 1UU3
£167K08/210.57 mi23, Foxby Lane, Gainsborough, Lincolnshire DN21 1PP3
£80K08/210.58 mi10, Aegir Close, Gainsborough, Lincolnshire DN21 1YP3
£87K08/210.58 mi11, Aegir Close, Gainsborough, Lincolnshire DN21 1YP3
£200K07/230.62 mi3, Middlefield Lane, Gainsborough, Lincolnshire DN21 1TY3
£97K12/200.63 mi17, Pingle Close, Gainsborough, Lincolnshire DN21 1XR3
£170K06/230.64 mi1, Claythorne Drive, Gainsborough, Lincolnshire DN21 1TZ3
£142.5K03/230.66 mi5, Trafalgar Court, Gainsborough, Lincolnshire DN21 1BB3

Local Rents

18 rents from £575/mo to £945/mo, average is £688/mo.

RentDateDistanceAddressBeds 
£75011/240.04 mi-3
£65003/250.05 mi-3
£65003/250.05 mi-3
£65002/250.05 mi-3
£65012/240.06 mi-3
£75010/230.14 mi-3
£57512/240.15 miTrent Street, Gainsborough3
£60011/240.26 mi-3
£62503/250.3 mi-3
£76002/250.69 mi-3
£94512/240.74 mi-3
£80012/240.8 miParish Mews, Gainsborough, DN213
£62512/240.84 miGlentham Road, Gainsborough3
£77501/251.06 mi-3
£72512/241.18 mi-3
£79503/251.22 mi-3
£62511/231.24 mi-3
£72502/251.24 mi-3

Local Area Statistics

Population in DN21

36,969

Population in Gainsborough

37,066

Town centre distance

0.82 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £60,000

January 15, 2025

Floor Plans

Description

  • TERRACED HOUSE +
  • TENANT IN SITU +
  • CURRENT RENT £450PCM +
  • THREE BEDROOMS +
  • COUNCIL TAX BAND A +
  • EPC RATING D +

TERRACED  /  THREE BEDROOMS  /  TENANT IN SITU CURRENTLY PAYING £450PCM  /  SEPARATE LOUNGE/DINING ROOM  /  COUNCIL TAX BAND A  /  EPC RATING D  /  CALL NOW TO VIEW  / EPC rating: D. Tenure: Freehold,

Agent Details

Lovelle Estate Agency, Gainsborough

01427 800738

Next Steps?

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