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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 spacious detached property offers a prime investment opportunity, currently set up as four self-contained apartments. With six bedrooms and four bathrooms, the design allows for flexible living arrangements, making it an ideal candidate for renovation or reconfiguration to maximise rental potential. The residence features four generously sized reception rooms that enhance the property's scale and usability for both families and tenants alike. Externally, the house is complemented by a private garden, providing space for outdoor activities or further landscaping projects. A driveway allows for off-road parking, ensuring convenience for both residents and guests. Equipped with gas central heating, the property maintains a comfortable environment year-round. Importantly, this home is offered with no onward chain, which can streamline the purchasing process for interested buyers. The option to acquire it via modern auction adds further flexibility to potential investors. Located in Gainsborough, Lincolnshire, the property benefits from nearby local schools and essential amenities, making it attractive for future lettings. In summary, this property requires renovation which presents an exciting opportunity to customise it according to personal or market needs while capitalising on its advantageous location.

Investment Analysis

(DN21 area)
Area Average
£186/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +4.7%
5 year growth: +15.9%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£589
Based on a loan of £123,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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