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Risegate Road, Gosberton, PE11

East of England

£290,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1989 sqft

Description

This distinctive Georgian-style residence, filled with unique character, is situated within the desirable village of Gosberton Risegate. The property offers a spacious layout along with a large detached barn that presents an exciting opportunity for conversion or renovation, subject to necessary permissions. Positioned on approximately one-third of an acre (STS), the home combines period features with the potential for modern living enhancements. Entering through an attractive stable door, you find yourself in a generous kitchen/diner that allows for creative redesign and modern updates. The ground floor comprises two welcoming reception areas: a comfortable sitting room featuring a functional open fireplace and a larger lounge at the back, complete with a log burner and access to both upper levels and a practical downstairs shower room. Upstairs, the property includes three well-sized double bedrooms. The master bedroom overlooks the delightful courtyard garden, while the family bathroom is equipped with a contemporary three-piece suite including a roll-top bath and Velux window for added illumination. Externally, you will find ample off-road parking plus the sizable detached barn which could be transformed into additional living space or an attractive workspace. Alongside this, there’s further utility storage and an outbuilding with electricity connected. The charming courtyard garden leads to an extensive rear lawned area, creating a perfect outdoor setting. This property not only exudes charm but also offers remarkable renovation potential in both home improvement and expansion opportunities.

Investment Analysis

(PE11 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£146/sq ft
Area Average
£216/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£472,258
10% above area average per sq ft
Potential ROI
+34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (PE11)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -5.8%
5 year growth: +7.2%
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, PE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,035
Based on a loan of £217,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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