Walkerith Road, East Stockwith DN21
Yorkshire
£325,000
Listed on 19/09/2026
Listed on 19/09/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
1529 sqftFeatures
- Garage
- Garden
- Parking
Description
This four-bedroom detached farmhouse is set in a rural position outside Gainsborough and offers two reception rooms, a large kitchen and dining area, a utility space and a ground-floor WC. The reception rooms provide flexible options for sitting, dining or working from home, while the kitchen has fitted units, work surfaces and space for a family dining table. Upstairs are four double bedrooms and a family bathroom with a corner bath, basin and WC.
Outside, a private driveway provides off-road parking and leads to a double garage. The property also has a large workshop, a dog kennel area and gardens arranged in separate sections, including lawns and seating areas. The listing describes the house as having potential for modernisation, giving buyers scope to update it to their requirements.
Gainsborough’s shops, supermarkets, schools and other amenities are within reach. The A631 and A156 connect the area with Lincoln, Scunthorpe and Retford. The property is freehold and in Council Tax Band C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: MEDIUM
Rose Cottage has a strong canvas for a light-touch update: a detached four-bedroom farmhouse with two reception rooms, a generous garden, broad gravel parking, double garage and a separate workshop. The interiors look usable but dated, with scope to refresh the finishes and bring the blue fitted kitchen and traditional bathroom up to date; the outbuildings add useful potential, subject to checking their condition and permitted use.
The main constraint is the price. At £325,000, the asking price is above the local £/sqf benchmark, and adding the £5,000–£13,000 refurbishment range leaves the purchase-plus-works cost stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of what the house might be worth after renovation, but it makes the economics difficult to justify on the figures provided.
Key opportunities
- Refresh the dated finishes, including the distinctive blue fitted kitchen, traditional bathroom and older floor coverings, while retaining the home's usable layout.
- Make the most of the large garden, extensive gravel parking, double garage and separate workshop for outdoor living, storage or hobbies.
- Two reception rooms and four double bedrooms provide a flexible family-home canvas.
Key risks
- At the asking price, even the stated light refurbishment range leaves purchase-plus-works costs stretched against the local value benchmark for this floor area.
- Factor in roughly £334,000 once the asking price and an estimated £9,000 of refurbishment are combined, leaving a gap of around 15% versus area norms for this sqft. Finished value after works is not modelled here.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,228
Based on a loan of £243,750 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-13.3% since listed
£325,000£35,000(-9.7%)
25/09/2026£360,000£5,000(-1.4%)
11/02/2026£365,000£10,000(-2.7%)
21/12/2025£375,000Initial listing
09/12/2025Services
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