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The Old Post Office, High Street, Metheringham - Image 1
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The Old Post Office, High Street, Metheringham

East Midlands

£290,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1758 sqft

Description

Presenting a distinctive opportunity to own The Old Post Office, a historic three-bedroom detached home brimming with character and charm, situated in the sought-after conservation area of Metheringham. This property, dating back approximately 350 years, is a canvas for creative renovation, allowing the new owner to restore and modernize while maintaining its unique historical features. Inside, you’ll find various reception rooms, each with original beams and fireplaces that convey a rich narrative of the past. The versatile layout includes a spacious sitting room and main lounge that welcomes natural light through dual aspect windows. A further reception area can serve as either a snug or home office. The impressive ‘Post Office Room’ offers expansive living space filled with potential for transformation. Outside, the multi-level rear garden provides ample room for landscaping opportunities. Upstairs, the bedrooms are generously sized with plenty of scope for reimagining. The family bathroom already offers good space but could benefit from updating to meet modern standards. As this property comes with no onward chain, it presents a timely chance for investors or families looking to create their ideal dwelling in a vibrant village setting. Metheringham enjoys excellent amenities and transport links while providing a lovely community atmosphere surrounded by picturesque countryside.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -30.9% below area average per sq ft

-30.9%
Potential saving
This Property
£165/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£461,695
10% above area average per sq ft
Potential ROI
+35.8%
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 Post Office, High Street, Metheringham
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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
£1,062
Based on a loan of £217,500 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