1/8
£75,000
3 beds
Gainsborough, Lincolnshire,
0.03 miles
away
Freehold
Added on 16/09/2026 
Auction
1/11
Auction
1/11
£40,000
Asking price 3 bed house for sale Gainsborough, Lincolnshire,
3
beds House
For sale by auction Freehold
Added on 16/09/2026
About this property
Martin&Co are happy to present a terraced house currently listed for sale. This property presents an excellent investment opportunity, with tenants situ paying £425 per calendar month.
Upon entering this residence, you will find a welcoming reception room, providing an ideal space for relaxation and entertaining guests. The property boasts a practical layout featuring a kitchen that is well-structured to cater to all your culinary needs.
Key features
- Three well-proportioned bedrooms
- Welcoming reception room
- Practical kitchen layout
- Tenant in situ
- Steady rental income of £425pcm
- Ideal investment opportunity
Floorplan
Location
Gainsborough, Lincolnshire,, DN21 1JR
- Council tax
- Band D (Approx £2,645/year)The agent has not stated the band, so band D is shown as the local reference: Bassetlaw'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 £40,000
£20k £60k
Deposit10% £4,000
£0 £40k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £36,000 mortgage. Most lenders would want a household income of about £8,000 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 1JR. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 3, Portland Terrace Terraced | Terraced | Jun 2024 | 797 sq ft £75/sq ft | 797 sq ft | £75 | £60,000 |
| 5, Portland Terrace Terraced | Terraced | Apr 2022 | 786 sq ft £59/sq ft | 786 sq ft | £59 | £46,000 |
| 1, Portland Terrace Terraced | Terraced | Mar 2022 | 753 sq ft | 753 sq ft | — | £35,000 |
| 24, Portland Terrace Terraced | Terraced | Jul 2021 | 732 sq ft £68/sq ft | 732 sq ft | £68 | £50,000 |
| 17, Portland Terrace Terraced | Terraced | Oct 2019 | 678 sq ft | 678 sq ft | — | £30,000 |
| 21, Portland Terrace Terraced | Terraced | Jan 2019 | 614 sq ft £64/sq ft | 614 sq ft | £64 | £39,500 |
| 18, Portland Terrace Terraced | Terraced | Jan 2019 | 689 sq ft | 689 sq ft | — | £33,000 |
| 32, Portland Terrace Terraced | Terraced | Dec 2018 | 753 sq ft £60/sq ft | 753 sq ft | £60 | £45,000 |
Area insights
The neighbourhood around this property.
