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2 Lewis Street, Gainsborough DN21 2AB - Image 1
2 Lewis Street, Gainsborough DN21 2AB - Image 2
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2 Lewis Street, Gainsborough DN21 2AB

Yorkshire

£10,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
End Of Terrace

Description

This end of terrace house presents a unique opportunity for investors and renovators. Located in the heart of Gainsborough, this property benefits from its proximity to local amenities, including the town centre and Marshalls Yard Retail & Leisure complex, making it ideally situated for both residential living and rental purposes. The house features two bedrooms and has begun renovation tasks, with plastering completed and partial fittings for a new kitchen and bathroom already in place. This offers a strong foundation for further enhancements that can significantly increase the property's market value or rental yield, which is currently averaging around £600 per month in the area. With versatile living space both indoors and in the front and rear gardens, this project holds substantial investment potential in a region with solid rental demand.

Investment Analysis

(DN21 area)
Area Average
£184/sq ft
Avg Rent (weekly)
£166
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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 rising by +3.1% over the last 12 months
3 year growth: +4.7%
5 year growth: +16.5%
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

2 Lewis Street, Gainsborough DN21 2AB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£38
Based on a loan of £7,500 over 30 years at 4.45% 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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