31 Tower Street, Gainsborough
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31 Tower Street, Gainsborough

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We have confidence in this estimated current valuation Updated recently
£45,500
Or £296 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Aug 18, 2016
£35,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 31 Tower Street, Gainsborough, a cozy and compact terraced type home with 3 bed in the DN21 2JQ area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built before 1900 and has a reported internal area of 72 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £45,500 and a rental potential of £296 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Aug 18, 2016. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

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DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price ยฃ35,000 plus reservation fee.

DDM Property Auctions are delighted to offer for sale a two/three bedroomed mid terrace property situated in central area of Gainsborough providing good access to local shops and schools. Having the benefit of no upward chain for ease of purchase the property briefly comprises of entrance onto a forward facing lounge, dining room and ground floor bathroom. To the first floor there are two bedrooms with bedroom 2 having a stairway leading to attic space which can and has been used as a third bedroom. The property is primarily suited to buy to let landlords as well as first time buyers with viewings being invited although strictly via the selling agent.

This property is for sale by DDM Property Auction powered by iam-sold Ltd.

AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of ยฃ5,000 plus VAT (ยฃ6,000 including VAT) which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by DDM Property Auction powered by iam-sold Ltd.

TO VIEW OR MAKE A BID โ€“ Contact DDM Residential on 01427 616161 or visit: www.northlincolnshirepropertyauction.co.uk




Entrance via uPVC double glazed door to:

LOUNGE - 12' 1'' x 9' 5'' (3.68m x 2.87m)
uPVC double glazed window to the front, radiator, doorway to:

DINING ROOM - 12' 0'' x 9' 10'' (3.65m x 2.99m)
uPVC double glazed window to the rear, coving, under stairs storage space, stair to the first floor, doorway to:

KITCHEN - 11' 1'' x 5' 11'' (3.38m x 1.80m)
uPVC double glazed door and window on to the rear garden. A range of wall and base units and integrated hob and oven, space and plumbing for automatic washing machine and a doorway to:

GROUND FLOOR BATHROOM
Three piece suite in white, uPVC double glazed window onto the rear garden, radiator and half tiled walls.

FIRST FLOOR LANDING
Doors to two bedrooms.

BEDROOM 1 - 12' 1'' x 9' 5'' (3.68m x 2.87m)
Radiator, uPVC double glazed window to the front.

BEDROOM 2 - 12' 0'' x 9' 8'' (3.65m x 2.94m)
Radiator, uPVC double glazed window onto the rear, wall mounted gas combination boiler, stairs to:

BOARDED OUT ATTIC - 12' 2'' x 12' 4'' (3.71m x 3.76m)
Can be used as additional bedroom, double glazed velux style window onto the front.

EXTERNALLY
There is a small enclosed rear yard.

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Property Data

Data point Compared to road
Tax band A
57 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £207 Try Mortgage Tracker
Energy £972 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Corringham CofE VC Primary School
0.8mi
Blyton Cum Laughton Church of England School
1.9mi
The Gainsborough Academy
2.0mi
Aegir - A Specialist Academy
2.1mi
The Gainsborough Charles Baines Community Primary School
2.3mi
Nearby Stations
Gainsborough Central Station
2.8mi
Gainsborough Lea Road Station
3.3mi
Kirton Lindsey Station
6.7mi
Saxilby Station
10.5mi
Althorpe Station
11.7mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 31 Tower Street, Gainsborough worth?

    31 Tower Street, Gainsborough is now worth £45,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 31 Tower Street, Gainsborough - click click here to get a valuation with no strings attached.

  2. What is the rental value of 31 Tower Street, Gainsborough?

    The current rental valuation for this property is £296 per month, within a price range of £266 and £325.

  3. How many bedrooms does 31 Tower Street, Gainsborough have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 31 Tower Street, Gainsborough?

    Nearby schools in include Corringham CofE VC Primary School, Blyton Cum Laughton Church of England School, The Gainsborough Academy, Aegir - A Specialist Academy, The Gainsborough Charles Baines Community Primary School

    Nearby stations in include Gainsborough Central Station, Gainsborough Lea Road Station, Kirton Lindsey Station, Saxilby Station, Althorpe Station.

  5. What type of property is 31 Tower Street, Gainsborough

    This is a Terraced property. There are 41 other Terraced properties on TOWER STREET, and 54 in total.

  6. When was 31 Tower Street, Gainsborough built? How old is 31 Tower Street, Gainsborough?

    31 Tower Street, Gainsborough was was built between before 1900.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Doncaster, South Yorkshire Brigg, Lincolnshire Gainsborough, Lincolnshire Retford, Nottinghamshire