2 Bed Terraced House, Single Let, Gainsborough, DN21 1LD, £77,500

Ashcroft Road, Gainsborough, DN21 1LD - 2 views - a month ago

Sold STC
BTL
ROI: 7%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£30.5K - £195K
Sold Prices/m²£384/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£56,266

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,375

Stamp Duty & Legal Fees

£3,525

Total Cash In

£22,900

 

 

Cash Out

 

Rent Range

£450 - £725

Rent Estimate

£495

Running Costs/mo

£361

Cashflow/mo

£134

Cashflow/yr

£1,606

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £30.5K to £195K, average is £67.1K. £384/m² to £2.6K/m², average is £826/m².

PriceDateDistanceAddressBeds 
£60K02/210 mi26, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LD2
£61K12/200.02 mi57, Ashcroft Road, Gainsborough, Lincolnshire DN21 1LB2
£58.4K04/210.07 mi66, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£61K06/210.07 mi1, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£50K05/210.07 mi14, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£32K10/200.07 mi6, Waterworks Street, Gainsborough, Lincolnshire DN21 1LA2
£72K02/230.08 mi6, Ruskin Street, Gainsborough, Lincolnshire DN21 1DN2
£69K10/210.08 mi43, Lea Road, Gainsborough, Lincolnshire DN21 1LL2
£60K03/230.1 mi1, Trent Street, Gainsborough, Lincolnshire DN21 1JZ2
£65K02/230.11 mi25, Gordon Street, Gainsborough, Lincolnshire DN21 1DW2
£59K10/200.11 mi9, Bacon Street, Gainsborough, Lincolnshire DN21 1DQ2
£37.5K01/230.13 mi64, Stanley Street, Gainsborough, Lincolnshire DN21 1DS2
£40K03/210.14 mi85, Stanley Street, Gainsborough, Lincolnshire DN21 1DT2
£72.5K08/210.14 mi31, St Johns Terrace, Gainsborough, Lincolnshire DN21 1BY2
£61K05/210.14 mi35, St Johns Terrace, Gainsborough, Lincolnshire DN21 1BY2
£64K03/210.15 mi53, Drake Street, Gainsborough, Lincolnshire DN21 1DF2
£85K04/230.16 mi174, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1DD2
£69K12/220.17 mi34, Burton Street, Gainsborough, Lincolnshire DN21 1DX2
£63.5K04/210.19 mi1, Shakespeare Street, Gainsborough, Lincolnshire DN21 1DE2
£38K11/200.24 mi7, Wheeldon Street, Gainsborough, Lincolnshire DN21 1BS2
£30.5K03/210.24 mi26, Dickenson Terrace, Gainsborough, Lincolnshire DN21 1BZ2
£48K03/210.24 mi15, Dickenson Terrace, Gainsborough, Lincolnshire DN21 1BZ2
£45K04/210.29 mi34, Linden Terrace, Gainsborough, Lincolnshire DN21 1JQ2
£45K04/230.29 mi9, Linden Terrace, Gainsborough, Lincolnshire DN21 1JQ2
£53K03/230.31 mi61, Sandsfield Lane, Gainsborough, Lincolnshire DN21 1BQ2
£83K03/230.34 mi44, Pillard House Lane, Gainsborough, Lincolnshire DN21 1HX2
£59K08/210.38 mi19, Florence Terrace, Gainsborough, Lincolnshire DN21 1BE2
£53.5K01/210.41 mi6, Lewis Street, Gainsborough, Lincolnshire DN21 2AB2
£112K06/230.5 mi3, Meldrum Drive, Gainsborough, Lincolnshire DN21 1GS2
£195K12/220.56 mi13, Claremont Road, Gainsborough, Lincolnshire DN21 1QW2
£74K02/210.64 mi47, Foxby Lane, Gainsborough, Lincolnshire DN21 1PP2
£113K10/200.65 mi15, Pingle Close, Gainsborough, Lincolnshire DN21 1XR2
£125K07/230.65 mi12, Pingle Close, Gainsborough, Lincolnshire DN21 1XR2
£100K04/210.65 mi28, Pingle Close, Gainsborough, Lincolnshire DN21 1XR2
£165K12/210.67 miPeartree Paddock, Lea Road, Gainsborough, Lincolnshire DN21 1AW2
£78.5K02/230.68 mi19, Spring Gardens, Gainsborough, Lincolnshire DN21 2AY2
£120K05/230.74 mi19, Hickman Court, Gainsborough, Lincolnshire DN21 1NZ2
£100K06/230.74 mi9a, Morley Street, Gainsborough, Lincolnshire DN21 2NF2
£111.5K06/230.77 mi88, Brewster Road, Gainsborough, Lincolnshire DN21 1ZA2
£101K04/230.77 mi48, Brewster Road, Gainsborough, Lincolnshire DN21 1ZA2
£58.5K08/210.78 mi21, Tennyson Street, Gainsborough, Lincolnshire DN21 2JG2
£66.8K02/210.8 mi22, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£72K12/200.8 mi24, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£72.5K05/230.8 mi8, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£68K11/200.81 mi40, Tower Street, Gainsborough, Lincolnshire DN21 2JQ2
£64K05/230.81 mi4, Jubilee Crescent, Gainsborough, Lincolnshire DN21 2HJ2
£76K05/230.84 mi17, Balfour Street, Gainsborough, Lincolnshire DN21 2LF2
£127.5K02/230.88 mi1, Heapham Crescent, Gainsborough, Lincolnshire DN21 1TB2
£118K03/230.97 mi59, Juniper Way, Gainsborough, Lincolnshire DN21 1GW2
£67.5K07/210.99 mi46, Arkwright Street, Gainsborough, Lincolnshire DN21 2QJ2

Local Rents

14 rents from £450/mo to £725/mo, average is £563/mo.

RentDateDistanceAddressBeds 
£49510/240.08 mi-2
£50012/240.15 miLea Place2
£59502/250.16 mi-2
£49512/240.25 mi-2
£59511/240.26 mi-2
£45012/240.29 miLinden Terrace, Gainsborough2
£54012/240.3 mi-2
£57512/240.31 miFurleys Wharf, Gainsborough2
£70011/240.41 mi-2
£54012/240.41 miLewis Street, Gainsborough2
£65012/240.45 miFoxby Mews, Gainsborough, Lincolnshire, DN212
£72511/230.48 mi-2
£55012/240.49 miBridge Street, Gainsborough, DN212
£60012/240.5 miGranary Wharf, Gainsborough2

Local Area Statistics

Population in DN21

36,969

Population in Gainsborough

37,066

Town centre distance

0.82 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £77,500

February 14, 2025

Floor Plans

Description

  • TWO BEDROOM +
  • MID-TERRACE +
  • TENANT IN SITU +
  • IDEAL INVESTMENT +
  • COUNCIL TAX BAND A +
  • CALL NOW TO VIEW +

CURRENT RENTAL OF £600 PCM / POTENTIAL YIELD OF 9.29% / TWO BEDROOM / MID-TERRACE / IDEAL INVESTMENT / TENANT IN SITU / NO ONWARD CHAIN / COUNCIL TAX BAND A / CALL NOW TO VIEW / *photos taken prior to tenancy* EPC rating: D. Tenure: Freehold,

Agent Details

Lovelle Estate Agency, Gainsborough

01427 800738

Next Steps?

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