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2 bed flat for sale North Street, Gainsborough, DN21

Asking price

£85,000

Added on 25/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

Key features

APARTMENT / CLOSE TO TOWN CENTRE / TWO GENEROUS BEDROOMS / SPACIOUS LOUNGE / KITCHEN / NO ONWARD CHAIN / CALL NOW TO VIEW /

About this property

Spacious two-bedroom town centre apartment with lounge, fitted kitchen, bathroom, WC, and no onward chain. Estimated rent £650 PCM. Potential 9.1% yield. Ideal home or investment.

Spacious Two-Bedroom Apartment in Town Centre Location.

Estimated rental is £650 PCM, equating to a potential yield of 9.1%.

Situated in a convenient town centre location, this spacious second-floor apartment offers well-proportioned accommodation and is offered for sale with no onward chain. The property briefly comprises a spacious lounge, fitted kitchen, two good-sized bedrooms, family bathroom, separate WC, and additional bathroom facilities.

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.

Location

North Street, Gainsborough, DN21

Open map Street View

Mortgage and stamp duty

Property price £85,000

£43k £128k

Deposit11% £9,000

£0 £85k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £76,000 mortgage. Most lenders would want a household income of about £17,000 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
13, North Street Flat / maisonette	Flat / maisonette	Dec 2014	786 sq ft £57/sq ft	786 sq ft	£57	£45,000
9, North Street Flat / maisonette	Flat / maisonette	Oct 2010	n/a	n/a	n/a	£53,000
10, North Street Semi-detached	Semi-detached	Aug 2005	n/a	n/a	n/a	£75,000
6, North Street Terraced	Terraced	Jul 2004	n/a	n/a	n/a	£58,200
1, North Street Terraced	Terraced	Mar 2004	n/a	n/a	n/a	£430,000