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Hill Road, Springthorpe

Yorkshire

£110,000
Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
673 sqft

Description

Ikkle Cottage presents a promising renovation project for those seeking to invest in a two-bedroom mid-terraced home located in the tranquil village of Springthorpe. Once cherished by its original owners, this property now stands as a blank canvas, calling for comprehensive updates to unlock its full potential as a charming residence. The layout includes a spacious living room, a functional galley kitchen, two bedrooms, and an unusually large bathroom that offers opportunities for modern redesign and improvement. While central heating is already in place, the entire interior will require significant refurbishment to realize its appeal fully. The generous rear garden adds value with vast possibilities for landscaping enhancements (pending necessary permissions). Situated within the serene Yorkshire countryside, this cottage boasts an inviting community atmosphere while remaining conveniently close to Gainsborough's amenities, schools, and transport links. This location is ideal not just for homeowners looking to tailor their living space but also for investors and developers eager to create a distinctive property in a desirable rural setting.

Investment Analysis

(DN21 area)

Below Market Value

This property is priced -12.2% below area average per sq ft

-12.2%
Potential saving
This Property
£163/sq ft
Area Average
£186/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£137,844
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +4.7%
5 year growth: +15.9%
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

Hill Road, Springthorpe
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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
£392
Based on a loan of £82,500 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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