1/8
£90,000
3 beds · 1 bath
Gordon Street, Gainsborough, DN21 1DW
0.02 miles
away
Freehold
Added on 16/09/2026 
1/8
1/8
£59,950
Asking price 2 bed house for sale Gainsborough, Lincolnshire
2
beds House
Freehold
Added on 16/09/2026
About this property
This two-bedroom terraced house is offered for sale in Gainsborough, presenting a straightforward opportunity for investors, with a tenant in situ currently paying £480 pcm. The property provides two reception rooms and a separate kitchen, offering practical living and dining space, together with one bathroom and two bedrooms arranged over the upper floor. Situated in Gainsborough, the house is well placed for local amenities, including supermarkets, independent shops and services in and around the town centre.
Key features
- Investor opportunity
- Rental income £480 per month
- Two reception rooms for flexibility
- Close to town centre amenities
- Separate fitted kitchen space
Location
Gainsborough, Lincolnshire, DN21 1DS
- 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 £59,950
£30k £90k
Deposit10% £6,000
£0 £60k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £53,950 mortgage. Most lenders would want a household income of about £12,000 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 1DS. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 40, Stanley Street Terraced | Terraced | Jan 2025 | 893 sq ft £76/sq ft | 893 sq ft | £76 | £68,000 |
| 64, Stanley Street Terraced | Terraced | Apr 2024 | 861 sq ft £89/sq ft | 861 sq ft | £89 | £77,000 |
| 14, Stanley Street Terraced | Terraced | Dec 2023 | 1,227 sq ft £53/sq ft | 1,227 sq ft | £53 | £65,000 |
| 64, Stanley Street Terraced | Terraced | Jan 2023 | 861 sq ft | 861 sq ft | — | £37,500 |
| 76, Stanley Street Terraced | Terraced | Sept 2022 | 926 sq ft £50/sq ft | 926 sq ft | £50 | £45,900 |
| 16, Stanley Street Terraced | Terraced | May 2019 | 775 sq ft £67/sq ft | 775 sq ft | £67 | £52,000 |
| 26, Stanley Street Terraced | Terraced | Dec 2018 | — | — | — | £50,000 |
| 70, Stanley Street Terraced | Terraced | Nov 2018 | 807 sq ft £71/sq ft | 807 sq ft | £71 | £57,000 |
Area insights
The neighbourhood around this property.
Similar properties nearby
See all
