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Old Gainsborough Road, West Burton, Retford - Image 1
Old Gainsborough Road, West Burton, Retford - Image 2
Old Gainsborough Road, West Burton, Retford - Image 3
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Old Gainsborough Road, West Burton, Retford

Yorkshire

£170,000
Listed on 22/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a distinctive opportunity for developers and investors looking for a renovation project with substantial potential. Originally serving as a gatehouse, it is set on a generous plot that allows for creative redevelopment, subject to planning permissions. The home features two bedrooms and has undergone some updates, including the installation of a new boiler and a complete electrical rewire in 2019. However, it requires full renovation to realize its full potential. The semi-rural setting offers peaceful living in the Nottinghamshire countryside while maintaining close proximity to essential amenities found in nearby historical market towns such as Retford, Gainsborough, and Bawtry. These locations boast a variety of local shops, supermarkets, cafes, and restaurants. For those commuting or traveling within the region, the property benefits from excellent transport links. The A1 motorway is approximately 14 miles away, providing quick access to major routes, while the M18 is around 20 miles distant. Retford railway station is nearby and offers an intercity service on the East Coast mainline, reaching London King's Cross in about one hour and twenty-five minutes, along with connections to various other cities across the UK. Additionally, both Humberside and East Midlands airports can be reached within an hour's drive. Given its location and the demand in this area for renovated homes, this property could be an attractive investment prospect for those willing to undertake its renovation. Potential buyers are encouraged to conduct their own research and due diligence regarding the property's condition and possibilities for development.

Investment Analysis

(DN22 area)
Area Average
£211/sq ft
Avg Rent (weekly)
£183
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DN22)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 1.1%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on DN22 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.

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Location

Old Gainsborough Road, West Burton, Retford
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