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87 Sandsfield Lane, Gainsborough, DN21 1BQ - Image 1
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87 Sandsfield Lane, Gainsborough, DN21 1BQ - Image 3
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87 Sandsfield Lane, Gainsborough, DN21 1BQ

Yorkshire

£35,000
Listed on 12/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents an excellent opportunity for renovation and investment, situated in the accessible area of Gainsborough. The property comes with a rear garden and is ideally located near a variety of local amenities, including shopping and leisure facilities on Trinity Street, with further options available in Gainsborough's town centre just half a mile away. Currently let under an assured shorthold tenancy, generating an annual rental income of £6,204, this residence holds the potential for increased value through modernisation. The ground floor features a reception room and a kitchen, while the first floor comprises three bedrooms and a bathroom/WC. With nearby green spaces like Marshalls Sports Ground for outdoor activities and easy transportation links via Gainsborough Central and Gainsborough Lea Road stations, this property is well-positioned for both living and investment growth. The necessary refurbishment makes it an attractive project for those looking to enhance its appeal and functionality.

Investment Analysis

(DN21 area)
Area Average
£182/sq ft
Avg Rent (weekly)
£151
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +2.7%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on DN21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

87 Sandsfield Lane, Gainsborough, DN21 1BQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£126
Based on a loan of £26,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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