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Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 1
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 2
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 3
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 4
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 5
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 6
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 7
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 8
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 9
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 10
Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21 - Image 11

Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21

Yorkshire

£65,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
966 sqft

Description

This traditional mid-terrace cottage presents a unique opportunity for renovation and investment, making it an appealing choice for both first-time buyers and seasoned investors. With a solid stone-built structure, the property offers generous living spaces that are currently in need of cosmetic updates, allowing the new owner to personalize and enhance its charm. Inside, the layout includes a front lounge that welcomes natural light, alongside a sitting/dining room that provides ample space for entertaining or family gatherings. The fitted kitchen, while functional, could benefit from modern upgrades to maximize its potential. The accommodation further comprises three well-sized bedrooms, which offer flexibility for various living arrangements or can be transformed into appealing rental units. A low-maintenance courtyard garden at the rear adds outdoor space that is easy to manage, making it ideal for those looking to cultivate a relaxing retreat without extensive upkeep. Additionally, the property includes vehicular access to the rear, featuring parking options and a detached timber garage—a valuable asset in terms of convenience and storage. Located near Gainsthorpe and within easy reach of Kirton in Lindsey's amenities—including shops, pubs, schools, and medical facilities—this cottage enjoys a practical setting. Good transport links to nearby towns such as Brigg, Scunthorpe, Gainsborough, and Lincoln enhance its attractiveness for renters or future resale value. As this property is being sold via the Modern Method of Auction, interested parties will have the advantage of a transparent process with a defined completion timeframe. This format allows purchasers to engage confidently while exploring renovation possibilities in line with their vision for the space. Overall, this property stands out as an investment opportunity with significant potential for transformation into a desirable home or rental property.

Investment Analysis

(DN21 area)

Below Market Value

This property is priced -63.1% below area average per sq ft

-63.1%
Potential saving
This Property
£67/sq ft
Area Average
£182/sq ft
Avg Rent (weekly)
£156
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£193,712
10% above area average per sq ft
Potential ROI
+127.9%
After renovation
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

Gainsthorpe Road East, Kirton Lindsey, Gainsborough, Lincolnshire, DN21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£238
Based on a loan of £48,750 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.

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