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Main Street, Scothern, Lincoln

East Midlands

£539,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1959 sqft

Description

This detached dormer-style residence, nestled in the desirable village of Scothern, presents a compelling opportunity for renovation and reimagining. Set on a significant plot of approximately 0.7 acres, the property is currently configured with spacious living areas spread across two levels, making it an ideal candidate for both family living and potential development (subject to planning permission). The ground floor features two bedrooms, a generous 22ft kitchen with dining space, a large lounge measuring 23ft, and a conservatory that overlooks the rear garden. The upstairs hosts two additional bedrooms and a shower room. Outside, the extensive gardens are well-established yet offer plenty of scope for enhancement or redesign. There’s ample parking along the lengthy driveway leading to a single garage equipped with an electric door and a versatile adjoining office space. With its long family history of about 40 years, this home is now available without onward chain, providing an exciting canvas for creative buyers looking to invest in their future.

Investment Analysis

(LN2 area)

Above Market Value

This property is priced +11.4% above area average per sq ft

+11.4%
This Property
£275/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£532,153
10% above area average per sq ft
Potential ROI
-14.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LN2)

Area prices are falling by +3.0% over the last 12 months
3 year growth: -4.1%
5 year growth: 8.7%
Investment Disclaimer: Analysis based on LN2 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

Main Street, Scothern, Lincoln
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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
£1,974
Based on a loan of £404,250 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