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Fenway Cottage, Canister Lane, Gipsey Bridge - Image 1
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Fenway Cottage, Canister Lane, Gipsey Bridge

East of England

£380,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

Fenway Cottage presents a versatile four-bedroom residence nestled in a tranquil setting with delightful rural vistas. While the home has benefited from updates, including a modern family bathroom, further renovations could significantly enhance its appeal and value. The layout is spacious, offering a lounge, dining room, breakfast kitchen, an office/snug space, and generous bedrooms—one conveniently located on the ground floor to accommodate multi-generational living. The property boasts driveway parking for multiple vehicles and a substantial detached barn that holds potential for conversion into an annexe or separate dwelling (subject to planning approval). The beautifully landscaped rear garden features both covered and open patio areas alongside mature flower beds and fruit trees. This home also benefits from solar panels, contributing to energy efficiency. Located in Gipsey Bridge, the property is close to local amenities such as schools while being within reach of Horncastle's educational facilities. This offers significant investment potential for further development or refurbishment to suit contemporary lifestyle needs.

Investment Analysis

(PE22 area)
Area Average
£220/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (PE22)

Area prices are rising by +9.6% over the last 12 months
3 year growth: -1.8%
5 year growth: +18.5%
Investment Disclaimer: Analysis based on PE22 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

Fenway Cottage, Canister Lane, Gipsey Bridge
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,371
Based on a loan of £285,000 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.

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