Anderson Road, Hemswell Cliff, Gainsborough
Yorkshire
£60,000
Listed on 09/10/2026
Listed on 09/10/2026
The listing
Property details
Bedrooms
2Type
End Of TerraceArea
817 sqftFeatures
- Garden
Description
This two-bedroom home in Hemswell Cliff has a lounge, fitted kitchen, conservatory, ground-floor cloakroom and first-floor bathroom. The accommodation also includes two bedrooms, with the conservatory opening onto an enclosed rear garden. The property is described as needing updating and modernisation, giving buyers scope to adapt the interior to their requirements. Local amenities and transport links are available in and around the village.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
72out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £60,000, this is a notably low-cost way into the local market: about £73 per sq ft against a local average of £187. The dated finishes and overgrown garden give a buyer clear scope to refresh the interiors, modernise the kitchen and wet rooms, and make better use of the enclosed garden. A conservatory and usable lounge add to the canvas, while the available photos show no obvious major structural defect.
The renovation range is £22,000–£42,000, so the project is about choosing and managing the right level of improvement. The score is supported by the strong entry price and economics, with the condition work the main constraint on an otherwise promising opportunity.
Key opportunities
- Acquire at £60,000, around £73 per sq ft versus a local average of £187 per sq ft.
- Refresh the dated kitchen and wet-room finishes, with scope to tailor the home to a buyer’s taste.
- Clear and improve the enclosed rear garden, with the conservatory providing a useful link to the outdoor space.
Key risks
None recorded.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£227
Based on a loan of £45,000 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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