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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

Description

This is a unique chance to acquire an unfinished high-end four-bedroom home set on an expansive 2.7 acres in the charming Lincolnshire countryside. Currently in progress, this property offers significant renovation potential for developers and investors alike. The groundwork has been laid, but key installations such as windows, doors, heating systems, and electrical work still need to be completed. The generous site allows for a variety of possibilities including equestrian facilities or leisure developments, providing ample opportunity for capital growth. Located near the picturesque market town of Louth and the stunning Lincolnshire coast, this secluded estate combines rural tranquility with convenient access to local amenities. With planning permission in place (reference N/058/00596/15), the potential here is substantial for those looking to put their personal stamp on a bespoke luxury residence.

Investment Analysis

(LN13 area)
Area Average
£222/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
4%
Properties sold annually

Local Market Trend (LN13)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -4.6%
5 year growth: +9.8%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,766
Based on a loan of £371,250 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

-16.8% since listed
£495,000£100,000(-16.8%)
30/10/2025
Current price
£595,000Initial listing
14/10/2025

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