2 Bed Detached House, Single Let, Gainsborough, DN21 2TS, £95,000

Ropery Road, Gainsborough, DN21 2TS - 2 views - 17 days ago

BTL
ROI: 3%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£50K - £180K
Sold Prices/m²£667/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£69,098

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£495 - £875

Rent Estimate

£496

Running Costs/mo

£416

Cashflow/mo

£80

Cashflow/yr

£959

ROI

3%

Gross Yield

6%

Local Sold Prices

34 sold prices from £50K to £180K, average is £80.8K. £667/m² to £3K/m², average is £1K/m².

PriceDateDistanceAddressBeds 
£53K12/200.07 mi16, Salisbury Street, Gainsborough, Lincolnshire DN21 2RS2
£54K03/210.07 mi19, Salisbury Street, Gainsborough, Lincolnshire DN21 2RS2
£50K12/200.07 mi31, Salisbury Street, Gainsborough, Lincolnshire DN21 2RS2
£115K03/230.07 mi1, Salisbury Street, Gainsborough, Lincolnshire DN21 2RS2
£100K12/210.08 mi399, Ropery Road, Gainsborough, Lincolnshire DN21 2TR2
£102K11/210.15 mi23, North Marsh Road, Gainsborough, Lincolnshire DN21 2RN2
£53K06/230.15 mi14, Burns Street, Gainsborough, Lincolnshire DN21 2PR2
£83K02/210.17 mi38, Melrose Road, Gainsborough, Lincolnshire DN21 2SD2
£70K05/210.18 mi13, Curzon Street, Gainsborough, Lincolnshire DN21 2PB2
£115K02/210.18 mi9, Queensfield, Gainsborough, Lincolnshire DN21 2TN2
£105K05/210.18 mi45, Queensfield, Gainsborough, Lincolnshire DN21 2TN2
£120K11/200.19 mi5, Elizabeth Close, Gainsborough, Lincolnshire DN21 2TA2
£60K03/230.19 mi9, Albany Street, Gainsborough, Lincolnshire DN21 2PA2
£88K04/210.25 mi151, Ropery Road, Gainsborough, Lincolnshire DN21 2NX2
£70K11/200.3 mi5, George Street, Gainsborough, Lincolnshire DN21 2PU2
£110K04/230.36 mi6, Belvoir Close, Morton, Gainsborough, Lincolnshire DN21 3AB2
£105K01/230.39 mi55, Ropery Road, Gainsborough, Lincolnshire DN21 2NU2
£85K03/230.39 mi119, Ropery Road, Gainsborough, Lincolnshire DN21 2NU2
£167.5K02/210.42 miThe Haven, Manor Road, Morton, Gainsborough, Lincolnshire DN21 3AW2
£67.5K07/210.47 mi46, Arkwright Street, Gainsborough, Lincolnshire DN21 2QJ2
£76K05/230.55 mi17, Balfour Street, Gainsborough, Lincolnshire DN21 2LF2
£118K03/230.6 mi59, Juniper Way, Gainsborough, Lincolnshire DN21 1GW2
£68K11/200.64 mi40, Tower Street, Gainsborough, Lincolnshire DN21 2JQ2
£100K06/230.65 mi9a, Morley Street, Gainsborough, Lincolnshire DN21 2NF2
£58.5K08/210.7 mi21, Tennyson Street, Gainsborough, Lincolnshire DN21 2JG2
£66.8K02/210.7 mi22, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£72K12/200.7 mi24, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£72.5K05/230.7 mi8, Rectory Avenue, Gainsborough, Lincolnshire DN21 2JE2
£64K05/230.73 mi4, Jubilee Crescent, Gainsborough, Lincolnshire DN21 2HJ2
£106K06/210.78 mi86, Sunningdale Way, Gainsborough, Lincolnshire DN21 1JE2
£78.5K02/230.8 mi19, Spring Gardens, Gainsborough, Lincolnshire DN21 2AY2
£180K12/200.88 mi53, Marlow Road, Gainsborough, Lincolnshire DN21 1YG2
£74K06/210.96 mi15, Laurel Close, Gainsborough, Lincolnshire DN21 1FE2
£110K11/210.97 mi11, Laurel Close, Gainsborough, Lincolnshire DN21 1FE2

Local Rents

11 rents from £495/mo to £875/mo, average is £600/mo.

RentDateDistanceAddressBeds 
£60012/240.06 mi-2
£65012/240.06 mi-2
£75006/230.1 mi-2
£57512/240.15 miRopery Road, Gainsborough2
£65007/230.19 mi-2
£49512/240.21 miHenley Court, Gainsborough2
£87503/250.22 mi-2
£65012/240.33 miRopery Road, Gainsborough2
£50010/230.56 mi-2
£55011/240.56 mi-2
£49512/240.62 miCarlisle Mews, Gainsborough2

Local Area Statistics

Population in DN21

36,969

Population in Gainsborough

37,066

Town centre distance

0.84 miles away

Nearest school

0.10 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £95,000

March 18, 2025

Floor Plans

Description

  • Spacious Two-Bedroom Terraced Home +
  • Lounge and Dining Room +
  • Fitted Galley Style Kitchen +
  • Family Bathroom +
  • Off-Road Parking Available to the Rear +
  • Rear Garden +
  • Detached Single Garage +

Spacious Two-Bedroom Terraced Home with Off-Street Parking and Garage.

Welcome to Ropery Road, a well-presented two-bedroom terraced home ideal for couples, professionals, or investors.

Conveniently located, this property is within easy reach of a variety of amenities, including the popular Marshall's Yard Shopping Complex, which offers an excellent selection of shops, cafés, and supermarkets. Additional conveniences include John Coupland Hospital and several well-regarded schools, including the highly sought-after Queen Elizabeth Grammar School. For commuters, the home benefits from excellent road and rail links to surrounding areas.

Step inside through the side entrance to find an inviting front-facing lounge, where a traditional bay window allows natural light to fill the space. The spacious dining room features a handy under-stairs cupboard and leads through to the fitted galley-style kitchen, which offers ample storage, generous worktop space, and room for appliances. A rear exit door provides easy access to the enclosed rear garden.

Upstairs, the home boasts two well-proportioned bedrooms. The family bathroom is fitted with a bathtub, separate shower cubicle, wash hand basin, and WC, ensuring both comfort and functionality.

Externally, the property benefits from off-road parking for two vehicles at the rear, along with a detached single garage for additional storage. The low-maintenance rear garden provides a private outdoor space, while the front garden, enclosed by a wall and gate, adds to the home’s charm.

This fantastic property combines comfort, convenience, and a sought-after location.

Contact us today to arrange a viewing!

Agent Details

DDM Residential, Gainsborough

01427 800757

Next Steps?

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