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Heapham Road, Gainsborough, DN21 - Image 1
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Heapham Road, Gainsborough, DN21

Yorkshire

£99,000Guide Price

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1334 sqft

Description

This traditional detached home presents a valuable opportunity for renovation and investment. It features an entrance hall leading to a spacious lounge/dining area, a fitted kitchen, and a modern shower room/utility space. On the first floor, you will find three generously sized bedrooms alongside a family bathroom suite. The property, while functional, could benefit from updates to improve its appeal and value. The potential for customizations or extensions makes it an enticing project for those looking to create their ideal living space or capitalize on the rental market. Offered at auction, this property gives buyers the flexibility of not requiring immediate contract exchange, allowing time for traditional financing options.

Investment analysis

(DN21 area)

Below Market Value

This property is priced -60.2% below area average per sq ft

-60.2%
Potential saving
This Property
£74/sq ft
Area Average
£187/sq ft
Avg Rent (weekly)
£170
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£273,890
10% above area average per sq ft
Potential ROI
+97.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DN21)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +5.3%
5 year growth: +12.8%
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

Heapham Road, Gainsborough, DN21
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£374
Based on a loan of £74,250 over 30 years at 4.45% 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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