1/8
£180,000
3 beds · 1 bath
The Pines, Gainsborough
0.1 miles
away
Freehold
Added on 16/09/2026 
1/11
1/11
£102,500
OIRO 3 bed house for sale Park Springs Road, Gainsborough
3
beds House
Freehold
Added on 16/09/2026
About this property
Martin & Co are delighted to offer for sale this well-presented three-bedroom end-terraced house, available with a tenant in situ and generating immediate rental income from day one, making it an attractive proposition for landlords and investors alike. Conveniently situated within easy reach of local amenities, schools and transport links, the property offers well-proportioned accommodation throughout. The ground floor comprises a welcoming lounge, fitted kitchen with a range of storage units, rear lobby and a convenient downstairs WC.
Key features
- Offered for sale with tenant in situ
- Three well-proportioned bedrooms
- Spacious lounge
- Front and rear gardens
- Ground floor WC
- Popular residential location
- Ideal buy-to-let investment (7% yield)
Location
Park Springs Road, Gainsborough, DN21 1PL
- Council tax
- Band D (Approx £2,354/year)The agent has not stated the band, so band D is shown as the local reference: West Lindsey's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £102,500
£51k £154k
Deposit10% £10,000
£0 £103k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £92,500 mortgage. Most lenders would want a household income of about £21,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in DN21 1PL. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 40, Park Springs Road Terraced | Terraced | Jan 2025 | 990 sq ft £101/sq ft | 990 sq ft | £101 | £100,000 |
| 64, Park Springs Road Terraced | Terraced | Jul 2023 | 990 sq ft £106/sq ft | 990 sq ft | £106 | £105,000 |
| 28, Park Springs Road Terraced | Terraced | May 2015 | 990 sq ft £52/sq ft | 990 sq ft | £52 | £51,500 |
| 42, Park Springs Road Terraced | Terraced | Aug 2014 | 926 sq ft £62/sq ft | 926 sq ft | £62 | £57,000 |
| 62, Park Springs Road Terraced | Terraced | May 2014 | 861 sq ft £96/sq ft | 861 sq ft | £96 | £82,500 |
| 24, Park Springs Road Terraced | Terraced | Oct 2013 | 958 sq ft £50/sq ft | 958 sq ft | £50 | £48,000 |
| 60, Park Springs Road Terraced | Terraced | Nov 2010 | 1,711 sq ft £82/sq ft | 1,711 sq ft | £82 | £140,000 |
| 28, Park Springs Road Terraced | Terraced | Jul 2010 | 990 sq ft £81/sq ft | 990 sq ft | £81 | £80,000 |
All sales on Park Springs Road → All sold prices in Gainsborough →
Area insights
The neighbourhood around this property.
