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Covenham St Bartholomew LN11 0PF

East Midlands

£350,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a fascinating opportunity for investment, having been granted full planning permission to transform a former public house, The Plough Inn, into either a spacious detached family home or two semi-detached residences. Nestled within approximately half an acre of grounds, the property boasts rich historical details dating back to 1898. Its original architecture features attractive brick and stucco-rendered walls beneath traditional Rosemary tiles, complemented by expansive internal spaces due to previous extensions. Currently, the interior has been largely stripped back in preparation for development, allowing the new owner to reimagine the layouts proposed in the planning consents. Additionally, outline permission exists for further development at the rear of the property, ideal for creating additional living space or rental potential. The substantial grounds include areas suitable for landscaping and outdoor amenities, making this project appealing for those looking to maximize its value through thoughtful renovation.

Investment Analysis

(LN11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £180,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on LN11 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

Covenham St Bartholomew LN11 0PF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE