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Old Hall Farm, Pinfold Lane, Great Steeping, Spilsby - Image 1
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Old Hall Farm, Pinfold Lane, Great Steeping, Spilsby

East Midlands

£595,000
Listed on 20/09/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3013 sqft

Description

This historic farmhouse, believed to be around 400 years old, has been home to the same family for over 85 years, providing a rich narrative that intertwines with its enduring structure. The spacious interiors reflect a unique character and offer sweeping views of the idyllic mid-Lincolnshire landscape. The property is nestled in a quiet, rural area and accessed by a long tree-lined driveway, enhancing its serene appeal. Set on approximately 1.9 acres, the grounds include not just the main house but also a paddock and stable facilities. With additional surrounding meadows and grass paddocks available for purchase—up to an impressive 18 acres—this property presents significant potential for equestrian activities or other agricultural ventures. The accompanying barns are noteworthy features that could serve as valuable assets. Their substantial size offers numerous development possibilities, subject to obtaining necessary planning permissions. This renovation opportunity could transform these spaces into anything from living quarters to hobbyist workshops, depending on your vision. Families will appreciate the proximity to excellent state schools while also being conveniently located near the coast, known for its expansive sandy beaches—a perfect blend of rural retreat and accessible leisure activities. With historical roots deeply embedded in its structure, this farmhouse holds stories of generations past. One family's connection to this home adds an emotional layer that complements its tangible features. Recent updates have kept plumbing and electrical systems in sound condition, though some areas retain a dated charm that invites modernization. The property boasts beautiful elements like ancient chestnut trees and a small orchard that yields various fruits including apples and plums. The grounds once accommodated a tennis court and still have plenty of mature trees and hedgerows that enhance the landscape's rural charm. In essence, this farmhouse provides an exceptional canvas for those looking to invest in both property and potential. Whether you envision it as a charming family residence or as part of an equestrian venture, its possibilities are limited only by your imagination.

Investment Analysis

(PE23 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£197/sq ft
Area Average
£229/sq ft

Renovation Potential

Est. Renovation Cost
£59,500 - £148,750
10-25% of property value
Target Value
£757,649
10% above area average per sq ft
Potential ROI
+1.9%
After renovation
Monthly Sales
9
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PE23)

Area prices are falling by +10.6% over the last 12 months
3 year growth: -8.3%
5 year growth: 15.7%
Investment Disclaimer: Analysis based on PE23 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

Old Hall Farm, Pinfold Lane, Great Steeping, Spilsby
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