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Cade Lane,Upton,Gainsborough,DN21 5NN

Yorkshire

£499,950
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This unique 3-bedroom detached bungalow presents a rare investment opportunity in the sought-after village of Upton, Lincolnshire. Set on an expansive plot of approximately 16.5 acres, this property combines potential for modernization with significant land value. The bungalow itself is perched on a slightly elevated site and offers ample space for improvement, making it ideal for those looking to create their dream home or capitalize on rental prospects in a rural setting. The interior features a welcoming entrance hall leading to a lounge equipped with built-in storage and large windows offering natural light. The dining kitchen, which comes with essential appliances, opens to the rear garden, providing delightful views of the grounds. Three well-sized bedrooms await personalization, with built-in wardrobes enhancing storage options. The property also includes a walk-in wet room that could benefit from updates. Outside, the extensive grounds are thoughtfully divided into formal gardens, an orchard, and additional paddock land, all of which provide numerous possibilities for agricultural or leisure use. A driveway facilitates easy access and offers off-street parking alongside an extra-long garage. With no chain involved in the sale process, interested buyers can proceed without delay. Additionally, there is an important note regarding potential development opportunities tied to the land's use; interested parties are encouraged to consult legal representatives to explore these possibilities further.

Investment Analysis

(DN21 area)
Area Average
£182/sq ft
Avg Rent (weekly)
£151
Avg Yield
3.8%

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
53
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +2.7%
5 year growth: +14.6%
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

Cade Lane,Upton,Gainsborough,DN21 5NN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £374,962 over 30 years at 4.06% 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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