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Louth Road, Gayton Le Marsh, Alford - Image 1
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Louth Road, Gayton Le Marsh, Alford

East Midlands

£495,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This unique property offers a significant development opportunity within approximately 2.7 acres of serene Lincolnshire countryside. Currently a part-finished project, this bespoke four-bedroom home is poised for completion, allowing potential buyers to customize it to fit their vision. The property comes with a double garage and ample outdoor space, presenting various options for investment, including the possibility of equestrian amenities, holiday lodges, or leisure facilities, pending planning permissions. The residence is set in a tranquil and exclusive rural area yet remains conveniently close to the bustling market town of Louth and the picturesque Lincolnshire coast. Given its substantial grounds and unfinished status, it's an appealing proposition for those looking to create a luxurious family home or capitalize on the potential resale value following development. Configured with essential spaces including an open plan living/kitchen/dining area and multiple bedrooms with en-suite facilities, the interior still requires completion in areas such as windows, doors, heating installation, secondary fixings, plastering, and electrical work. With careful planning and execution, this can transform into a high-end dwelling or commercial venture that benefits from capital growth in an attractive locale.

Investment Analysis

(LN13 area)
Area Average
£217/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (LN13)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -3.3%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on LN13 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

Louth Road, Gayton Le Marsh, Alford
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,785
Based on a loan of £371,250 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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