1/8
£95,000
3 beds
Wellington Street, Gainsborough
0.06 miles
away
Freehold
Added on 16/09/2026 
1/11
1/11
£215,000
OIRO 6 bed house for sale Trinity Street, Gainsborough
6
beds House
Freehold
Added on 16/09/2026
About this property
SIX-BEDROOM HMO | APPROX. £2,600 PCM RENTAL INCOME | £31,200 PA GROSS INCOME | ESTABLISHED INVESTMENT | SCOPE TO IMPROVE & ENHANCE | CONVENIENT TOWN CENTRE LOCATION An excellent opportunity to acquire an established six-bedroom HMO investment situated on Trinity Street in Gainsborough, conveniently positioned within easy reach of the town centre and its wide range of amenities. The property is currently configured and operated as a six-bedroom House in Multiple Occupation, with rental income understood to be in the region of £2,600 per calendar month, equating to approximately £31,200 per annum in gross rental income.
Key features
- Six-bedroom HMO
- Approximately £2,600 pcm current rental income
- Scope to update and improve
- Communal kitchen and living facilities
- Outside space
- Close to Gainsborough town centre and local amenities
Floorplan
Location
Trinity Street, Gainsborough, DN21 1JF
- 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 £215,000
£107k £323k
Deposit10% £22,000
£0 £215k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £193,000 mortgage. Most lenders would want a household income of about £43,000 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 1JF. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 45, Trinity Street Detached | Detached | Sept 2025 | 1,647 sq ft £124/sq ft | 1,647 sq ft | £124 | £205,000 |
| 81, Trinity Street Terraced | Terraced | Nov 2024 | 2,777 sq ft £76/sq ft | 2,777 sq ft | £76 | £210,000 |
| 63, Trinity Street Terraced | Terraced | Oct 2023 | 904 sq ft £77/sq ft | 904 sq ft | £77 | £70,000 |
| 81, Trinity Street Terraced | Terraced | Mar 2022 | 2,777 sq ft £92/sq ft | 2,777 sq ft | £92 | £255,000 |
| 49, Trinity Street Semi-detached | Semi-detached | Dec 2018 | 1,270 sq ft £59/sq ft | 1,270 sq ft | £59 | £75,000 |
| 45, Trinity Street Detached | Detached | Apr 2012 | 1,647 sq ft £58/sq ft | 1,647 sq ft | £58 | £95,000 |
| 51, Trinity Street Semi-detached | Semi-detached | Aug 2008 | — | — | — | £139,000 |
| Flat 3, 71, Trinity Street Flat / maisonette | Flat / maisonette | Jul 2007 | 452 sq ft £124/sq ft | 452 sq ft | £124 | £55,950 |
All sales on Trinity Street → All sold prices in Gainsborough →
Area insights
The neighbourhood around this property.
