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£110,000
Asking price

2 bed house for sale Springthorpe, Gainsborough, Lincolnshire

2 beds House
Freehold

Added on 16/09/2026

About this property

Ikkle Cottage is a two-bedroom mid-terraced property offering an excellent opportunity for buyers looking for a full renovation project in a peaceful rural setting. Once a much-loved family home, the property now requires significant updating throughout but provides a solid base with clear potential to be transformed into a charming and characterful residence. The accommodation comprises a spacious living area, a galley-style kitchen, two bedrooms, and a particularly generous bathroom which would benefit from full modernisation and reconfiguration.

Key features

  • Excellent opportunity for investors, builders or buyers seeking a project property
  • Central heating system installed
  • Generous rear garden offering excellent outdoor space and potential
  • Quiet rural village setting
  • Large bathroom

Floorplan

Location

Springthorpe, Gainsborough, Lincolnshire, DN21 5PY

Council tax
Band D (Approx £2,354/year)

Mortgage and stamp duty

Property price £110,000
£55k £165k
Deposit10% £11,000
£0 £110k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £99,000 mortgage. Most lenders would want a household income of about £22,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in DN21 5PY. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
17, Hill Road DetachedNov 20243,627 sq ft £211/sq ft£765,000
The Barns, Hill Road Semi-detachedAug 2023£372,500
13, Hill Road TerracedNov 20221,647 sq ft £243/sq ft£400,000
15, Hill Road DetachedAug 20211,389 sq ft £198/sq ft£275,000
The Barns, Hill Road Semi-detachedJun 2021£350,000
16, Hill Road TerracedMay 20212,702 sq ft £77/sq ft£208,000
13, Hill Road TerracedMar 20191,647 sq ft £196/sq ft£322,000
19, Hill Road DetachedOct 20181,367 sq ft £119/sq ft£162,500

All sold prices in Gainsborough →

Area insights

The neighbourhood around this property.

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