Trinity Street, Gainsborough DN21
Yorkshire
£215,000
Listed on 04/09/2026
Listed on 04/09/2026
The listing
Property details
Bedrooms
6Type
TerracedArea
2195 sqftFeatures
- Garden
- HMO
- Tenanted
Description
This six-bedroom terraced property is configured as a House in Multiple Occupation, with shared kitchen and communal living space, bathroom facilities and outside space. The listing reports gross rental income of around £2,600 per month, or £31,200 per year, subject to buyers checking the current tenancies, occupancy and income details.
Situated within reach of Gainsborough town centre, the property is also described as convenient for local transport links, shops and other everyday amenities. It is an established HMO, with scope to improve the accommodation and communal areas over time. Further information about the rental arrangements and HMO position is available from Martin & Co Gainsborough. Viewings are by appointment with notice while the property is occupied.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
79out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £215,000, this six-bedroom HMO is priced at about £98 per sq ft, well below the local average of £187 per sq ft — a strong entry point for an investor seeking an established rental property. The listing reports gross income of around £31,200 a year; buyers should verify occupancy, tenancy arrangements and income. The photographed communal areas appear fitted and usable, while clearing and tidying the rear yard and refreshing the shared spaces offer straightforward scope to improve the presentation.
Limited photo coverage makes the renovation assessment further provisional.
Key opportunities
- Acquire at a notably low price per square foot versus the local average.
- Build on the existing six-bedroom HMO setup and reported rental income, subject to verifying the tenancy and occupancy details.
- Clear and maintain the rear yard and improve the presentation of the fitted communal areas.
Key risks
None recorded.
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Transport
Nearest stations
Gainsborough Central Rail Station
0.5 miles
Train · Gainsborough
Gainsborough Lea Road Rail Station
0.5 miles
Train · Gainsborough
Retford Low Level Rail Station
9.0 miles
Train · Retford
Retford Rail Station
9.0 miles
Train · Retford
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£878
Based on a loan of £161,250 over 30 years at 5.13% 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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