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Beck House & Sandbeck, Front Street, Normanby by Spital - Image 11

Beck House & Sandbeck, Front Street, Normanby by Spital

East Midlands

£375,000
Listed on 15/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
813 sqft

Description

This property presents a compelling opportunity for those seeking renovation or investment prospects. Comprised of two distinct buildings, the first is a stone house that has unfortunately fallen into disrepair but offers substantial potential for redevelopment or reconstruction, pending necessary permissions. The second is a detached bungalow that requires modernization to maximize its appeal. Set in the tranquil village of Normanby by Spital, the properties occupy approximately 1 acre across separate freehold titles. The village boasts essential amenities, including a local pub and primary school, while being conveniently located about 13 miles from Lincoln and just 2 miles from the A15, providing excellent access to major routes like the M180 and A46. Beck House is notable for its spacious grounds of approximately 0.87 acres and features its own private driveway entrance. Due to its current state of disrepair, it cannot be safely accessed but represents a significant chance for a transformative project. Adjacent to Beck House is Sandbeck, a brick-built bungalow set within manageable gardens of around 0.14 acres. This property benefits from its own separate driveway and includes an entrance hall, lounge, bathroom, kitchen with pantry, and two bedrooms within about 837 sq. ft. of living space. With some thoughtful updates and improvements, this bungalow could become an inviting residence. In summary, both properties offer not only the potential for individual renovations but also present an attractive opportunity for investors looking to capitalize on the growing demand in this peaceful corner of Lincolnshire.

Investment Analysis

(LN8 area)

Above Market Value

This property is priced +107.9% above area average per sq ft

+107.9%
This Property
£461/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£198,445
10% above area average per sq ft
Potential ROI
-65.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by +13.8% over the last 12 months
3 year growth: -4.3%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on LN8 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

Beck House & Sandbeck, Front Street, Normanby by Spital
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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
£1,374
Based on a loan of £281,250 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