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Gunthorpe, North Lincolnshire

Yorkshire

£1,235,000

Listed on 18/09/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
3289 sqft

Description

Perkins George Mawer & Co. presents Council Farm, a remarkable detached farmhouse set in the tranquil hamlet of Gunthorpe, North Lincolnshire. This expansive property spans approximately 3,289 square feet and features four generously sized bedrooms and four bathrooms, including two ensuites, making it an ideal family residence. The home combines modern finishes with a warm, inviting atmosphere, ensuring comfort and style throughout. Surrounded by 40.98 acres of land, the property includes a three-acre grass paddock and productive arable land, perfect for those with equestrian interests or a passion for outdoor activities. The grounds also feature a variety of useful outbuildings, including modern agricultural structures and a traditional brick building that offers potential for conversion, subject to planning approval. The interior boasts a bespoke kitchen equipped with high-end appliances, a spacious sitting room with a log-burning stove, and multiple living areas that provide ample space for relaxation and entertaining. Outside, the landscaped gardens are predominantly laid to lawn, complemented by a gravel driveway that offers ample parking space. This property presents a unique opportunity for those looking to embrace rural living while enjoying the conveniences of modern life.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

24out of 100
Grade ELow opportunity

Confidence: MEDIUM

Council Farm in Gunthorpe presents an interesting opportunity for those looking to invest in a spacious detached farmhouse boasting modern finishes and a generous layout. With 4 bedrooms and 4 bathrooms, including two ensuites, the property spans an impressive 3,289 square feet, making it ideal for family living. The kitchen is particularly noteworthy with its bespoke fittings and underfloor heating, enhancing the contemporary atmosphere throughout the home. The surrounding grounds offer versatility with a three-acre paddock and several outbuildings, which could cater to equestrian interests or provide additional storage options.

However, the asking price of £1,235,000 equates to £375 per square foot, which is significantly above the local average of £236 per square foot. This places the property at a disadvantage in terms of value compared to local benchmarks. When factoring in the estimated renovation costs of £40,000 to £120,000, the all-in costs stretch the investment potential further, indicating a challenging economic landscape for potential buyers. While the farmhouse has excellent fundamentals and is situated in a peaceful rural area, the overall opportunity is limited by the high price point and renovation economics, making it a less favorable choice in the current market.

Key opportunities

  • Spacious layout perfect for family living with modern finishes
  • Versatile outdoor space with a three-acre paddock and useful outbuildings
  • Potential for renovation to enhance the property's value

Key risks

  • Asking price is significantly above local £/sqf, indicating poor value opportunity compared to local benchmarks
  • Expect total exposure near £1,315,000 including the asking price and quoted works of about £80,000, about 41% ahead of typical local benchmarks for this size — current-condition benchmarks only, not after-works GDV.

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Map

Location

Gunthorpe, North Lincolnshire
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,666
Based on a loan of £926,250 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.

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Indicative tax based on the asking price and the options you select.

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