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The Old Bakery, 2 Market Place, Tattershall - Image 1
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The Old Bakery, 2 Market Place, Tattershall

East Midlands

£335,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1679 sqft

Description

Positioned against the picturesque backdrop of the village green, this Grade II listed former bakery offers a unique opportunity for those looking to invest in a characterful property with substantial potential for renovation. Featuring three distinct reception areas, four well-proportioned bedrooms, and two bathrooms along with a convenient downstairs WC, this home provides an excellent foundation for modern living while retaining its historic charm. The added conservatory opens up to a spacious south-facing garden that boasts an extensive range of features including a small orchard, greenhouse, and multiple outbuildings—including a former pigsty—each presenting exciting possibilities for conversion (subject to obtaining relevant consents). With architect drawings already in place for some structures, there is significant value to be unlocked here. A visit is essential to fully grasp the potential accommodations and expansive grounds this property encompasses.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£200/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£440,947
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 0.4%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on LN4 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

The Old Bakery, 2 Market Place, Tattershall
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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
£1,227
Based on a loan of £251,250 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