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Ashcroft Road, Gainsborough, Lincolnshire, DN21 1JY - Image 1
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Ashcroft Road, Gainsborough, Lincolnshire, DN21 1JY

Yorkshire

£165,000
Listed on 17/03/2026

Property Details

Bedrooms
6
Type
Detached

Description

This expansive detached home offers a remarkable opportunity for renovation and investment. Currently divided into four self-contained flats, it is optimally suited for investors or individuals eager to undertake a refurbishment project. The property features six bedrooms and four bathrooms, providing extensive space that can be transformed to fit various layouts. Additionally, the property includes four generously sized public rooms, making it ideal for both living and entertaining. Outside, a private garden presents an inviting area for outdoor activities or gardening enthusiasts. A driveway provides convenient off-road parking, accommodating residents and guests alike. The existing gas central heating system ensures warmth throughout the property. Being offered with no onward chain simplifies the buying process for potential purchasers. This property is located within a community-oriented area of Gainsborough in Lincolnshire, close to local schools and essential amenities. It represents a significant renovation opportunity to modernize and customize according to personal specifications, appealing particularly in this well-connected setting.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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, Lincolnshire, DN21 1JY
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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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