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Chapel Lane, Great Carlton LN11 - Image 1
Chapel Lane, Great Carlton LN11 - Image 2
Chapel Lane, Great Carlton LN11 - Image 3
Chapel Lane, Great Carlton LN11 - Image 4
Chapel Lane, Great Carlton LN11 - Image 5

Chapel Lane, Great Carlton LN11

East Midlands

£140,000
Listed on 28/01/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This unique property presents an exciting opportunity for those looking to invest in a renovation project. Nestled in the tranquil village of Great Carlton, this former chapel offers a distinctive canvas for transformation. Situated just a short 15-minute drive from the bustling market town of Louth, the location combines rural charm with easy access to local amenities. With full planning permission already secured, the property has been approved for conversion into a contemporary two-bedroom residence. The proposed layout includes an inviting open-plan living space that integrates the kitchen and dining area, making it ideal for modern living. Additionally, plans feature a family bathroom as well as an en-suite bathroom connected to the master bedroom, enhancing the property's appeal for future occupants or renters. The potential for this property extends beyond its current state; it invites creative vision and can be tailored to suit personal tastes or investment strategies. Given its unique character and prime location, this chapel conversion represents not just a home but an opportunity to create lasting value in a picturesque setting.

Investment Analysis

(LN11 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£157
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£14,000 - £35,000
10-25% of property value
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 4.9%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on LN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Chapel Lane, Great Carlton LN11
Map showing location of Chapel Lane, Great Carlton LN11
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