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Risegate Road, Gosberton, Spalding, PE11

East of England

£290,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This Georgian-style residence, nestled in the desirable village of Gosberton Risegate, offers a blend of historical charm and modern adaptability. With its spacious layout and characterful features, including a substantial detached barn, the property sits on an expansive plot of approximately one-third of an acre (subject to survey), presenting numerous opportunities for renovation and investment. The entrance through an attractive stable door leads to a well-appointed kitchen/diner, designed for practicality with generous worktop space. The ground floor also hosts two comfortable reception rooms: a snug sitting room featuring a working open fireplace and a larger lounge equipped with a log burner, which provides access to both the upper level and a convenient downstairs shower room. On the first floor, three sizeable double bedrooms await, including a principal bedroom that overlooks the quaint courtyard garden. The family bathroom is fitted with a contemporary three-piece suite and boasts natural light from a Velux window. Externally, this property not only provides ample off-road parking but also includes the separate barn that holds potential for conversion into additional living space or rental units (subject to planning permission). Connecting the house and barn is a charming courtyard garden leading to an extensive rear lawned area complemented by another outbuilding with power. This property is an exceptional find for those looking to create their dream home while maximizing its investment potential.

Investment Analysis

(PE11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -2.5%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on PE11 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

Risegate Road, Gosberton, Spalding, PE11
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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
£1,062
Based on a loan of £217,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE