1/22
£200,000
Semi-detached · 3 beds · 1 bath
Maple Close, Gainsborough, DN21
0.09 miles away
1/17
1/17
3 bed house for sale Ropery Road, Gainsborough, DN21
OIRO
£93,000
Added on 29/09/2026
Added on 29/09/2026
- Type
- House
- Bedrooms
- 3
- Tenure
- Freehold
Key features
- Three-bedroom semi-detached property
- Currently let at £525 pcm
- Established residential location
- Potential to add value through future improvement
- Suitable for existing or first-time landlords
About this property
THREE BEDROOM SEMI-DETACHED PROPERTY | CURRENTLY LET AT £525 PCM | APPROX. 6.8% GROSS YIELD AT £93,000 | POPULAR RENTAL LOCATION | IDEAL INVESTMENT OPPORTUNITY
An excellent opportunity for landlords and investors to acquire a three-bedroom semi-detached property on Ropery Road, Gainsborough, currently let to a tenant producing an income of £525 per calendar month. Offering an attractive combination of a relatively low purchase price and an established rental income, the property represents an appealing proposition for both existing landlords looking to add to their portfolio and investors seeking an accessible entry into the buy-to-let market.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,570
- Band B£1,831
- Band C£2,093
- Band D£2,354
- Band E£2,877
- Band F£3,401
- Band G£3,924
- Band H£4,709
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In West Lindsey, 2026/27 bills run from £1,570 a year in band A to £4,709 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across West Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Price guide
21 comparables · within 2.8 milesCheaper than 86% of the 3-bed houses for sale nearby right now.
This home, £93,000 Median £149,995 · £92,500 – £225,000
Compared with 21 3-bed houses for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.
Location
Ropery Road, Gainsborough, DN21
Mortgage and stamp duty
Property price £93,000
£47k £140k
Deposit10% £9,000
£0 £93k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £84,000 mortgage. Most lenders would want a household income of about £19,000 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.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 325, Ropery Road Terraced | Terraced | Oct 2025 | 775 sq ft £101/sq ft | 775 sq ft | £101 | £78,000 |
| 325, Ropery Road Terraced | Terraced | Nov 2023 | 775 sq ft £66/sq ft | 775 sq ft | £66 | £51,000 |
| 335, Ropery Road Terraced | Terraced | Jan 2022 | 743 sq ft £121/sq ft | 743 sq ft | £121 | £90,000 |
| 333, Ropery Road Terraced | Terraced | Dec 2021 | 732 sq ft £102/sq ft | 732 sq ft | £102 | £75,000 |
| 365, Ropery Road Terraced | Terraced | Sept 2021 | 807 sq ft £84/sq ft | 807 sq ft | £84 | £67,500 |
| 372, Ropery Road Semi-detached | Semi-detached | Jan 2019 | 915 sq ft £59/sq ft | 915 sq ft | £59 | £54,000 |
| 357, Ropery Road Terraced | Terraced | Aug 2018 | 872 sq ft £97/sq ft | 872 sq ft | £97 | £85,000 |
| 337, Ropery Road Terraced | Terraced | Dec 2017 | 818 sq ft £72/sq ft | 818 sq ft | £72 | £58,500 |
All sales on Ropery Road → All sold prices in Gainsborough →
Area insights
The neighbourhood around this property.
Marketed by
Martin & Co, Gainsborough
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