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Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 1
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 2
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 3
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 4
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 5
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 6
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 7
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 8
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 9
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 10
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 11
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 12
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 13
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 14
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 15
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 16
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 17
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 18
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 19
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 20
Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 21

Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT

Yorkshire

£400,000
Listed on 27/03/2026

Property Details

Bedrooms
4
Type
Farm House

Description

This detached farmhouse offers a four-bedroom layout, presenting a prime opportunity for renovation on a substantial plot of approximately 2.9 acres. While the property is currently in need of modernisation, it holds significant potential for enhancement, allowing for a personal touch in its restoration. Accommodations include multiple living areas, a spacious kitchen/dining room, utility space, and ample garage/workshop facilities. The vacant status facilitates immediate access for improvements. Located just outside Gainsborough in the village of Heapham, the property enjoys proximity to local shopping and recreational amenities, making it an attractive investment prospect.

Investment Analysis

(DN21 area)
Area Average
£181/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.7%

Renovation Potential

Medium 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
57
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DN21)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +3.9%
5 year growth: +15.5%
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

Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT
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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
£1,443
Based on a loan of £300,000 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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