Summary - 20 ASHCROFT ROAD GAINSBOROUGH DN21 1LD
2 bed 1 bath Terraced
Freehold two-bed terrace with 8% gross yield — auction sale, ideal for hands-on investors..
- Estimated 8% gross rental yield at current price
- Freehold two-bedroom mid-terrace, approx. 657 sq ft
- Modern kitchen, double glazing, EPC rating C
- Enclosed rear yard and useful store cupboard
- Sold at auction — purchase conditional and time-sensitive
- Located in very deprived area with very high crime rates
- Solid brick walls likely without insulation; improvement needed
- Small rooms and compact plot suitable for renters
A straightforward buy-to-let opportunity in Gainsborough offering an estimated 8% gross yield at a low guide price. The mid-terraced, two-bedroom freehold property is compact (approx. 657 sq ft) and presented with a modern kitchen, double glazing and an EPC rating of C — attractive operational features for rental demand.
The house is best suited to investors targeting constrained-renter markets. Accommodation includes a lounge with feature fireplace, fitted kitchen, ground-floor bathroom and two first-floor bedrooms. An enclosed rear yard, useful store cupboard and standard boiler-and-radiator heating complete a practical rental layout.
Buyers should note material local and property drawbacks: the area records very high crime and is classed as very deprived, and the property will be sold at auction — factors that affect tenant mix, management needs and resale timing. Construction is older solid brick (circa 1900–1929) with assumed no wall insulation, and internal areas are small; some redecoration, tidying and possible insulation improvement are likely required.
Positive operational points include low flood risk, very cheap council tax (Band A), excellent mobile signal and fast broadband — relevant to tenant demand. For investors prepared to manage an urban, lower-rent asset and complete modest works, this provides clear income potential at an entry-level capital outlay.
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