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Ashcroft Road, Gainsborough, DN21

Yorkshire

£165,000
Listed on 13/03/2026

Property Details

Bedrooms
6
Type
Detached

Description

This substantial detached property offers a unique investment opportunity with notable renovation potential, currently configured as four self-contained flats. With six bedrooms and four bathrooms across a generous layout, the residence presents various options for reconfiguration and enhancement to meet modern living standards. The large public rooms can be redesigned for both comfort and utility, allowing for flexible living arrangements or enhanced rental returns. Externally, the property features a private garden and a driveway that provides off-road parking, enhancing its appeal for tenants or future buyers. While the home benefits from gas central heating, it requires refurbishment to maximize its value and functionality. Located in Gainsborough, Lincolnshire, this property is conveniently close to local schools and amenities, making it an attractive prospect for families or investors seeking long-term rental opportunities. The absence of an onward chain ensures a smoother transaction process for potential buyers looking to capitalize on this promising renovation project.

Investment Analysis

(DN21 area)
Area Average
£181/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DN21)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +3.9%
5 year growth: +15.5%
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

Ashcroft Road, Gainsborough, DN21
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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
£595
Based on a loan of £123,750 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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