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Donington-on-Bain, LN11 9TJ

East Midlands

£450,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2426 sqft

Description

This historic detached Period Home, dating back to the Victorian era, presents an excellent opportunity for both residential living and business development. Located in a vibrant village within the picturesque Lincolnshire Wolds Area of Outstanding Natural Beauty, this property not only serves as a charming family residence with four bedrooms but also currently operates as the successful Post and Pantry business, offering a unique chance to generate income while enjoying village life. The building features traditional brick construction with a combination of slate and tile roofing. While it boasts modern uPVC double-glazed windows—excluding some original features—it retains its architectural charm, making it ideal for those looking to invest in a property with character. The interior is spacious and includes a cozy dining-lounge area, well-equipped kitchen, and delightful garden space. It comes equipped with an oil central heating system. With a sizable plot that holds potential for expansion or conversion into additional accommodation (subject to planning), there's significant scope for enhancements that could increase property value. The current owners have made several improvements that ensure comfortable living conditions. Located just miles from larger market towns, this property benefits from easy access to local amenities and attractions including cycling routes along the Viking Way. As it stands, the business aspect provides essential services to the community and attracts tourists—a promising foundation for anyone interested in entrepreneurship or additional rentals such as holiday lets. Overall, this property represents not just a home but also a versatile investment opportunity in a thriving community.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£185/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£588,026
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
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

Donington-on-Bain, LN11 9TJ
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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
£1,648
Based on a loan of £337,500 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