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Little Thorpe Lane, Thorpe-On-The-Hill, Lincoln

East Midlands

£850,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
3036 sqft

Description

This extended farmhouse, cherished by its current owners for nearly half a century, presents an exceptional opportunity for those looking to invest in a family home with significant renovation potential. Situated on a generous plot in the sought-after village of Thorpe on the Hill, this property combines spacious living with scope for improvement and redevelopment. The ground floor layout features an entrance porch, shower room, modern breakfast kitchen, living room with sunroom access, utility space, and two additional reception rooms. The first floor boasts a sizeable primary ensuite bedroom and three more bedrooms sharing a 'Jack & Jill' bathroom. Externally, the property includes a triple garage topped with a one-bedroom self-contained annexe currently generating rental income until September 2025 at £795pcm. The landscaped grounds also contain several brick outbuildings that offer the potential for conversion into additional living spaces or rental units (STPP). With original features still intact and ample outdoor space, this unique property invites creative vision from future owners while being well-located close to local amenities, transportation links, and picturesque nature parks. Thorpe on the Hill is conveniently positioned near the A46 ensuring easy access to Lincoln and Newark.

Investment Analysis

(LN6 area)

Above Market Value

This property is priced +13.9% above area average per sq ft

+13.9%
This Property
£280/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£820,874
10% above area average per sq ft
Potential ROI
-11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LN6)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +2.1%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on LN6 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

Little Thorpe Lane, Thorpe-On-The-Hill, Lincoln
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,033
Based on a loan of £637,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-5.6% since listed
£850,000£50,000(-5.6%)
09/04/2026
Current price
£900,000Initial listing
30/12/2025

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