Worst House on the Street Logo
Mill Way, Fulstow LN11 0XU - Image 1
Mill Way, Fulstow LN11 0XU - Image 2
Mill Way, Fulstow LN11 0XU - Image 3
Mill Way, Fulstow LN11 0XU - Image 4
Mill Way, Fulstow LN11 0XU - Image 5
Mill Way, Fulstow LN11 0XU - Image 6
Mill Way, Fulstow LN11 0XU - Image 7
Mill Way, Fulstow LN11 0XU - Image 8
Mill Way, Fulstow LN11 0XU - Image 9
Mill Way, Fulstow LN11 0XU - Image 10
Mill Way, Fulstow LN11 0XU - Image 11

Mill Way, Fulstow LN11 0XU

East Midlands

£525,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1958 sqft

Description

This distinctive four-bedroom family residence is set within approximately 3.5 acres of land (STS), offering an impressive agricultural barn and an old mill, both of which present significant potential for renovation or commercial ventures, subject to the necessary planning permissions. Nestled on the outskirts of the well-regarded village of Fulstow, the property benefits from excellent transport links to Louth and Grimsby. The interior features three spacious reception areas, including a generous games room that holds promise for conversion into an annexe or home office. While this characterful home has been enhanced over the years, it requires modernisation to unlock its full potential. The property's striking Tudor-style façade is complemented by uPVC double-glazed windows and an efficient oil-fired heating system. The extensive outdoor space includes mature gardens with spectacular views across the Lincolnshire Wolds and down towards the coast, alongside outbuildings suitable for various uses such as horticulture or equestrian activities. The layout offers ample driveway parking and a large paddock area that adds to its versatility as a family home or business opportunity. This property truly embodies a canvas for creative renovations with considerable investment potential in a desirable area close to nature reserves and stunning coastlines.

Investment Analysis

(LN11 area)

Above Market Value

This property is priced +21.1% above area average per sq ft

+21.1%
This Property
£268/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£161
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£477,067
10% above area average per sq ft
Potential ROI
-22.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.1%
5 year growth: +13.9%
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

Mill Way, Fulstow LN11 0XU
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,893
Based on a loan of £393,750 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates