Tower Street, Gainsborough
HU

Tower Street, Gainsborough

By Hunters

£ 67,950

Reviews

2 out of 5 stars

Hunters says ..

We offer to the market a mid terrace two bedroom plus attic bedroom house currently tenanted and being sold with tenant in situ currently achieving £450 p.c.m. The property is located close to the centre of the market town of Gainsborough and its numerous amenities including Marshalls Yard retai...

Property Oracle says ..

This two-bedroom terraced house located on Tower Street in Gainsborough, Lincolnshire, is currently listed at £67,950. The property is described as being sold with a tenant in situ, achieving £450 per calendar month in rental income. Its proximity to Gainsborough Central train station and several schools makes for a convenient location, particularly for families or commuters. The property’s condition, as shown in the photos, is fair. It is habitable but could benefit from some cosmetic upgrades and modernisation in the kitchen and bathroom to increase its overall appeal and market value. Whilst the property’s price is below the average for the street, the lack of garden space and the need for some updating should be considered by potential buyers. The existing tenant provides an immediate rental income stream for potential investors, making it an attractive option in that market. Overall, the property presents a mixed bag of advantages and disadvantages that potential buyers will need to assess against their individual needs and priorities.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
732.24

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
159,998.00 £
Decreased by 13.94 %
from 185,912.00 £
Est sale value
133,999.92 £
Decreased by 9.85 %
from 148,644.72 £
Average area rental value
723.00 £/mo
Decreased by 8.25 %
from 788.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.42 %
Increased by 6.48 %
from 5.09 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Hunters created the listing.

Nearby Schools

NameTypeOfstedDistance
Handel House Preparatory SchoolOther Independent School0.20 KM
The Gainsborough Parish Church Primary SchoolAcademy ConverterGood0.33 KM
Gainsborough, Hemswell Cliff And Sturton Children'S CentreChildren's Centre0.47 KM
Good Apple IndependentOther Independent Special SchoolGood0.75 KM
Castle Wood AcademyAcademy Sponsor LedRequires improvement0.93 KM

Images

20240416_140945.jpg 20240416_140507.jpg 20240416_140710.jpg 20240416_140731.jpg 20240416_140646.jpg 20240416_140801.jpg 20240416_140458.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Tower Street £ 123,97500.00 KM
Thomas Cooper Drive £ 000.00 KM
Curtis Walk £ 000.00 KM
Albert Terrace £ 000.00 KM
Bayard Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gainsborough Central6465GNB0.57 KM
Gainsborough Lea Road6424GBL1.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tower Street, Gainsborough £ 67,950BUY5 / 100.00 KM
Carlisle Mews , Gainsborough £ 74,950BUYUnknown0.04 KM
Carlisle Mews, Gainsborough £ 55,000BUY6 / 100.04 KM
Carlisle Mews, Gainsborough £ 55,000BUY5 / 100.04 KM
Carlisle Mews , Gainsborough £ 74,950BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
45 Tower Street £ 66,5000.01 KM
3 Tower Street £ 31,0000.01 KM
41 Tower Street £ 66,0000.01 KM
31 Tower Street £ 60,0000.01 KM
48 Tower Street £ 34,0000.01 KM