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Yorkshire
£61,000Guide Price
Listed on 15/10/2026
Listed on 15/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom semi-detached house presents a significant renovation opportunity in a good location near Gainsborough town centre. While the property is in poor condition and shows signs of potential structural issues, this allows for a complete redesign and refurbishment. The asking price of £61,000 is appealing as it offers a chance to create value through a comprehensive renovation, although the absence of floor area data means we can't specifically assess value against local £/sqf averages.
However, be prepared for a heavy project scale with substantial work required, including stripping interiors and addressing any structural concerns. With a renovation budget estimated between £10,000 and £50,000, this is not a light cosmetic refresh but rather a full-gut programme that offers the potential to transform this property into a desirable home.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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