4 Bed Terraced House, Single Let, Gainsborough, DN21 5XN, £150,000

Minden Place, Hemswell Cliff, DN21 5XN - 1 views - 2 months ago

Sold STC
BTL
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£76K - £510K
Sold Prices/m²£768/m² - £3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.2K/m²

Value Estimate

£184,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£550 - £1,100

Rent Estimate

£550

Running Costs/mo

£599

Cashflow/mo

£-49

Cashflow/yr

£-585

Gross Yield

4%

Local Sold Prices

9 sold prices from £76K to £510K, average is £375K. £768/m² to £3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£76K01/230.22 mi57, Buchanan Road, Hemswell Cliff, Gainsborough, Lincolnshire DN21 5XT4
£258.6K10/210.45 mi37, Canberra Crescent, Hemswell, Gainsborough, Lincolnshire DN21 5TZ4
£249K02/210.45 mi38, Canberra Crescent, Hemswell, Gainsborough, Lincolnshire DN21 5TZ4
£475K11/211.3 mi18, Kexby Road, Glentworth, Gainsborough, Lincolnshire DN21 5DQ4
£425K06/211.6 mi21, Brook Street, Hemswell, Gainsborough, Lincolnshire DN21 5UJ4
£375K08/211.63 miAntares, Church Street, Hemswell, Gainsborough, Lincolnshire DN21 5UN4
£365K02/212.47 miAshgrove, Chapel Road, Fillingham, Gainsborough, Lincolnshire DN21 5BP4
£510K11/222.68 miOrchard House, Main Street, Bishop Norton, Market Rasen, Lincolnshire LN8 2BE4
£478K11/222.71 mi27, Vicarage Road, Willoughton, Gainsborough, Lincolnshire DN21 5SA4

Local Rents

8 rents from £550/mo to £1.1K/mo, average is £845/mo.

RentDateDistanceAddressBeds 
£55012/240.04 miMinden Place, Hemswell Cliff, Gainsborough2
£55002/250.21 mi-3
£1,10012/240.21 miWellington Way, Hemswell Cliff, DN21 3
£1,00012/240.21 miWellington Way, DN213
£56012/240.21 mi-3
£79504/250.21 mi-3
£89512/240.22 miWellington Way, Hemswell Cliff3
£93505/241.46 miDanby Bungalow, LN8 2AP3

Local Area Statistics

Population in DN21

36,969

Population in Gainsborough

37,066

Town centre distance

8.17 miles away

Nearest school

0.20 miles away

Nearest train station

6.22 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £150,000

March 3, 2025

Floor Plans

Description

  • FOUR BEDROOM +
  • END-TERRACE +
  • IDEAL FAMILY HOME +
  • OFF ROAD PARKING & GARAGE +
  • NO ONWARD CHAIN +
  • CALL NOW TO VIEW +

POTENTIAL RENTAL OF £900 PCM / POTENTIAL YIELD OF 7.2% / FOUR BEDROOM / END-TERRACE / IDEAL INVESTMENT / IDEAL FAMILY HOME / COUNCIL TAX BAND A / CALL NOW TO VIEW / Tenure: Freehold,

Agent Details

Lovelle Estate Agency, Gainsborough

01427 800738

Next Steps?

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