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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
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Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT - Image 21

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

Yorkshire

£300,000
Listed on 12/05/2026

Property Details

Bedrooms
4
Type
Farm House

Description

This four-bedroom detached farmhouse presents a significant opportunity for renovation enthusiasts or investors. Set on approximately 2.9 acres, the property boasts ample off-street parking and various outbuildings that could serve multiple purposes once restored. The home is currently vacant, allowing for immediate access to begin modernization work. Located in the village of Heapham, just a short distance from Gainsborough, it offers proximity to shopping and recreational facilities such as Thonock Park. Its generous living spaces include a living room, dining room, kitchen/dining area, utility room, and a garage/workshop on the ground floor, along with four bedrooms and a bathroom on the first floor. This property is ideal for those looking to invest in a project that can be tailored to their vision.

Investment Analysis

(DN21 area)
Area Average
£186/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.9%

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
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

Red House Farm, Main Street, Heapham, Gainsborough, Lincolnshire, DN21 5PT
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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
£1,070
Based on a loan of £225,000 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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