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711c960b-IMG_2629
For saleReduced 1 Oct 2026
£65,000Offers in excess of

Furleys Wharf, Gainsborough, DN21 1LP

2bedrooms
1bathroom
Apartmenttype
656sq ft
Leaseholdtenure

Listed 31 Jul 2026 · price reduced 1 Oct 2026 · Gainsborough

How the price compares

This home£65,000£99 per sq ft
Median 2 bed in DN21£100k52 homes listed · £143 per sq ft
Difference-35%below the area median

Key features

  • Producing £650 PCM (£7,800 per annum)
  • Two-bedroom second-floor apartment
  • Residents' off-road parking
  • Spacious lounge/dining room
  • Walking distance to Gainsborough town centre
  • Close to the River Trent and picturesque riverside walks

About this home

Martin & Co are delighted to present this well-presented two-bedroom apartment, situated within the popular Furleys Wharf development and offered to the market with a tenant currently in situ, producing an immediate rental income of £650 PCM (£7,800 per annum), making it an ideal addition to any buy-to-let portfolio.

Conveniently located within walking distance of Gainsborough town centre, the property enjoys easy access to a wide range of local amenities, including shops, supermarkets, schools, healthcare facilities and transport links. The picturesque River Trent is also just moments away, offering pleasant riverside walks and open green spaces to enjoy.

The accommodation briefly comprises an entrance hall, a spacious lounge/dining area, a fitted kitchen, two well-proportioned bedrooms and a modern family bathroom.

Externally, the development benefits from residents' off-road parking, providing added convenience.

Lease information (provided by the vendor) includes approximately 102 years remaining, with a service charge of approximately £1,683.65 per annum and a ground rent of £245 per annum. Interested parties are advised to ask their legal representative to verify these figures during the conveyancing process.

Whether you're an experienced landlord or looking to expand your investment portfolio, this is an excellent opportunity to acquire a well-located apartment with an established tenant and an immediate rental return.

Estate agents operating in the UK are required to conduct Anti-Money Laundering (AML) checks in compliance with the regulations set forth by HM Revenue and Customs (HMRC) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. Our estate agency uses Coadjute' s Assured Compliance service to facilitate the AML checks. A fee will be charged for each individual AML check conducted £45.00 + VAT

Property details

Property type
Apartment
Size
656 sq ft / 61 sq m
Council tax band
A
Tenure
Leasehold
Lease remaining
102 years left
Ground rent
£50 per year (Ask agent about the review period)
Service charge
£1,687.97 per year
Parking
Off street, Allocated
Heating
Night storage
Electricity
Mains supply
Water
Mains supply

Location

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1 on this map

  • Gainsborough Central Station0.4 mi
  • Gainsborough Lea Road Station0.7 mi

What nearby homes sold for

Median sold prices in DN21 over the last 12 months: detached £285k · terraced £110k · semi-detached £168k · flat £80k.

AddressTypeSoldPrice
Apartment 1, Furleys Wharf, Bridge Street
Gainsborough DN21 1LP
Flat
Leasehold
21 Aug 2026£50,000
Apartment 5, Miller Court, 92, Bridge Street
Gainsborough DN21 1LP
Flat
Leasehold
17 Dec 2025£55,000
Apartment 2, Miller Court, 92, Bridge Street
Gainsborough DN21 1LP
Flat
Leasehold
17 Dec 2025£55,000
Apartment 3, Furleys Wharf, Bridge Street
Gainsborough DN21 1LP
Flat
Leasehold
8 Nov 2024£63,000
Apartment 5, Miller Court, 92, Bridge Street
Gainsborough DN21 1LP
Flat
Leasehold
26 Apr 2024£55,000
Apartment 2, Miller Court, 92, Bridge Street
Gainsborough DN21 1LP
Flat
Leasehold
26 Apr 2024£55,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in DN21

Buying costs

Monthly repayment£325£6,500 deposit · £58,500 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Martin & Co, Gainsborough on Rightmove (original listing). First listed 31 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 01/10/2026.

Agent disclaimer

Disclaimer - Property reference 100534009676. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Gainsborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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