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Lea Road, Gainsborough DN21

Yorkshire

£400,000

Listed on 02/06/2026

Property Details

Bedrooms
6
Type
Detached

Description

This six-bedroom detached property presents a unique opportunity for buyers looking to finalize their dream home in Gainsborough. While the current owner has initiated renovations, including a new roof, electrics, gas central heating, and double glazing, there is ample scope for further customization to suit personal tastes. The property features an inviting entrance hall that leads to multiple reception rooms with period details such as corniced ceilings and original fireplaces. The spacious kitchen and adjacent family room provide a great layout for modern living, while the extensive first floor includes several generous bedrooms that benefit from natural light and lovely views. A notable highlight is the former pool room, which could be transformed into a variety of uses with some creative vision. Externally, the property is framed by well-maintained gardens and offers potential for additional development with its coach house. With local amenities just a short distance away, this residence not only promises immediate living comfort but also significant investment potential for those ready to engage in further refurbishment.

Investment Analysis

(DN21 area)
Area Average
£184/sq ft
Avg Rent (weekly)
£166
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DN21)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +4.7%
5 year growth: +16.5%
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

Lea Road, Gainsborough DN21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 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.

Stamp Duty Calculator

Price History

-20.0% since listed
£400,000£50,000(-11.1%)
01/06/2026
Current price
£450,000£50,000(-10.0%)
09/04/2026
£500,000Initial listing
23/03/2026

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