Worst House on the Street Logo
High Street, Kirton Lindsey, Gainsborough - Image 1
High Street, Kirton Lindsey, Gainsborough - Image 2
High Street, Kirton Lindsey, Gainsborough - Image 3
High Street, Kirton Lindsey, Gainsborough - Image 4
High Street, Kirton Lindsey, Gainsborough - Image 5
High Street, Kirton Lindsey, Gainsborough - Image 6
High Street, Kirton Lindsey, Gainsborough - Image 7
High Street, Kirton Lindsey, Gainsborough - Image 8
High Street, Kirton Lindsey, Gainsborough - Image 9

High Street, Kirton Lindsey, Gainsborough

Yorkshire

£195,000
Listed on 02/06/2024

Property Details

Bedrooms
1
Type
Semi-detached house

Description

This Grade II listed mixed-use property presents a unique renovation and investment opportunity in the highly regarded village of Kirton Lindsey. Known for its strong sense of community, the village offers a variety of local amenities and convenient transport links to nearby market towns as well as Lincoln, the impressive cathedral city. Currently, the property consists of a former commercial unit on the ground floor, with a one-bedroom residential flat above. This layout opens up numerous possibilities for redevelopment or refurbishment, subject to appropriate planning permissions. The commercial space features an inviting reception area that leads into a waiting room with significant natural light, thanks to its front-facing sash and double-glazed display windows. There is also a functional treatment room that could be adapted for various uses depending on your vision for the space. Moving to the upper level, you'll find an open-plan living kitchen area that boasts two additional sash windows overlooking the street below. The kitchen is equipped with essential cabinets and appliances, while still offering potential for modern updates to enhance functionality and aesthetics. The adjacent L-shaped bedroom continues the theme of natural light with its large window and laminate flooring. The property also includes a compact bathroom fitted with standard amenities. With its current configuration and historical character, this space can be transformed into something truly special—be it through restoring original features or updating units to meet contemporary standards. Given its prime location and versatile layout, this property holds considerable promise for investors looking to make their mark in a desirable area or individuals seeking a charming residence that can be customized over time. Viewing is recommended to fully appreciate the potential this property has to offer.

Investment Analysis

(DN21 area)
Area Average
£182/sq ft
Avg Rent (weekly)
£156
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on DN21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Kirton Lindsey, Gainsborough
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£714
Based on a loan of £146,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE