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Coxs Hill, Gainsborough DN21

Yorkshire

£295,000
Listed on 28/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This exceptional property presents a rare chance to invest in a grade II listed former Victorian water tower, complete with full planning permission for conversion into a stunning architectural residence and the construction of three additional high-specification homes on an expansive one-acre plot. Located on the outskirts of the town centre, the site benefits from an elevated position and easy access to a wealth of local amenities, including shops, restaurants, and the popular Marshalls Yard Shopping Centre. Educational opportunities are abundant, with both primary and secondary schools nearby, including the esteemed Queen Elizabeth's grammar school. For those commuting, the A1 is conveniently located 18 miles away, and there are excellent rail connections from Lincoln to London in under two hours. The cities of Sheffield and Nottingham are easily reached by car within approximately one hour. This property not only offers character but also considerable potential for development in a desirable location. Investors should be prepared to undertake substantial renovations to realize this property's full capability and charm.

Investment Analysis

(DN21 area)
Area Average
£182/sq ft
Avg Rent (weekly)
£151
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (DN21)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +2.7%
5 year growth: +14.6%
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

Coxs Hill, Gainsborough DN21
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,064
Based on a loan of £221,250 over 30 years at 4.06% 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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