Summary - 8 LEWIS STREET GAINSBOROUGH DN21 2AB
2 bed 1 bath Terraced
Low-price two-bed terrace with rental potential; refurbishment advised..
- Two double bedrooms in a Victorian mid-terrace
- Two reception rooms and ground-floor bathroom
- Small front and rear gardens, small plot
- Vacant possession; estimated rent £650 pcm
- Freehold with no flood risk; excellent mobile signal
- Located in very high-crime, very deprived area
- Constrained-renter neighbourhood; letting may be challenging
- On-street parking only, some refurbishment likely needed
A vacant two-bedroom Victorian mid-terrace offered freehold at a low entry price, aimed squarely at investors or buyers wanting a renovation project. The house includes two reception rooms, a ground-floor bathroom, small front and rear gardens and on-street parking. Broadband and mobile signal are good, and the property has no flood risk.
Rental potential is estimated at about £650 pcm, providing immediate letting income after basic refurbishment. The layout and period façade suit a straightforward modernisation programme — new kitchen, cosmetic redecoration and targeted systems checks would add value quickly.
Important negatives: the property sits in a very high-crime, very deprived area with a local classification of constrained renters and a transitional Eastern European neighbourhood. The plot is small and nearby schools are mixed in quality. Buyers should factor in refurbishment costs and the practicalities of letting in a challenging local market.
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