Summary - 40 WARREN CLOSE GAINSBOROUGH DN21 2UD
2 bed 1 bath Flat
Economical first home or rental with long lease and low monthly costs.
Chain-free two-bedroom first-floor flat with immediate vacant possession
Extremely long lease remaining: c.963 years (from 1 Jan 1989)
Service charge £64.08 pcm; council tax Band A (very cheap)
Compact overall size: circa 402 sq ft; second bedroom is small
Off-street parking to the front and small low-maintenance rear garden
Mains gas central heating, double glazed, fast broadband available
Area classified as very deprived with above-average crime levels
Requires cosmetic updating; some dated fixtures in living room/kitchen
Quiet, low-cost living close to Gainsborough town centre is on offer with this two-bedroom first-floor flat. The property is compact but well laid out, with a living room, separate kitchen, two bedrooms and a bathroom—suitable for a first-time buyer or buy-to-let investor who wants straightforward accommodation with immediate occupancy. The flat is sold chain-free and benefits from a very long lease (999 years from 1989, c.963 years remaining) and a modest service charge of £64.08 per month.
Internally the home reflects the era of its build and will suit a buyer happy to refresh fixtures and decoration rather than requiring full renovation. Double glazing, mains gas central heating with a boiler and radiators, and fast broadband availability are practical positives. Externally there is off-street parking at the front and a small low-maintenance garden area to the rear.
Be aware of locality factors: the property sits in an area assessed as very deprived with above-average crime levels, which may affect long-term resale or rental appeal. The accommodation is small (approximately 402 sq ft) and the second bedroom is compact, so the layout is best for a single occupant, couple or as a rental investment rather than a growing family.
Overall this is an economical, low-maintenance flat with long lease security and low running costs. It presents a sensible entry point to homeownership or a manageable rental unit, provided you accept modest-sized rooms and an area that will benefit from continued local investment.
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