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3 bed house for sale Gordon Street, Gainsborough, DN21

Offers over

£70,000

Added on 25/09/2026

Type: Terraced
Bedrooms: 3
Bathrooms: 1
Tenure: Freehold

Key features

TWO BEDROOM / IDEAL INVESTMENT / POTENTIAL YIELD OF 8.1% / LOW MAINTINENCE GARDEN / NO ONWARD CHAIN / TERRACED HOUSE / CURRENT RENT OF £575 PCM / TWO RECEPTION ROOMS / TENANT IN SITU / CALL TO VI...

About this property

Well-presented semi-detached house in Gainsborough with tenant in situ. Rental income £575 pcm, potential yield 8.1%. No onward chain, ideal investment opportunity.

CURRENT RENTAL OF £575 PCM / POTENTIAL YIELD OF 8.1%

This well-presented semi-detached house offers a practical and appealing residence for those seeking a reliable investment opportunity in Gainsborough, Lincolnshire. Currently achieving a rental income of £575 per calendar month, this property demonstrates a potential yield of 8.1%, making it an ideal prospect for investors.

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

20 comparables · within 2.3 miles

Cheaper than 100% of the 3-bed houses for sale nearby right now.

This home, £70,000 Median £135,000 · £92,250 – £207,000

Compared with 20 3-bed houses for sale within 2.3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Gordon Street, Gainsborough, DN21

Open map Street View

Mortgage and stamp duty

Property price £70,000

£35k £105k

Deposit10% £7,000

£0 £70k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £63,000 mortgage. Most lenders would want a household income of about £14,000 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
36, Gordon Street Terraced	Terraced	Jun 2024	883 sq ft £71/sq ft	883 sq ft	£71	£62,500
12, Gordon Street Terraced	Terraced	Aug 2022	936 sq ft £72/sq ft	936 sq ft	£72	£67,500
18, Gordon Street Terraced	Terraced	Jul 2022	926 sq ft £72/sq ft	926 sq ft	£72	£67,000
18, Gordon Street Terraced	Terraced	Apr 2021	926 sq ft £57/sq ft	926 sq ft	£57	£53,000
2, Gordon Street Terraced	Terraced	Apr 2020	980 sq ft	980 sq ft	n/a	£45,000
20, Gordon Street Terraced	Terraced	Nov 2019	969 sq ft	969 sq ft	n/a	£41,500
26, Gordon Street Terraced	Terraced	Nov 2019	980 sq ft	980 sq ft	n/a	£39,995
4, Gordon Street Terraced	Terraced	Aug 2019	592 sq ft £88/sq ft	592 sq ft	£88	£52,000