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Moortown Road, Nettleton, Market Rasen, LN7 - Image 1
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Moortown Road, Nettleton, Market Rasen, LN7

East Midlands

£190,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1044 sqft

Description

Nestled within a generous plot in the desirable village of Nettleton, this detached bungalow presents an exceptional opportunity for renovation and investment. The property's configuration allows for various possibilities including modernisation, extension, or even a complete redevelopment, all subject to planning consent. This is a rare chance to create a bespoke home tailored to your specifications while potentially increasing the property's value significantly. Upon entering, you’ll find a well-proportioned layout that includes a spacious 23-foot lounge filled with natural light from dual aspect windows. The kitchen diner offers practicality and connects seamlessly to the utility room and boiler room, which are prime candidates for reconfiguration according to modern living standards. The bungalow features two double bedrooms that provide ample space and comfort, alongside a family bathroom and an additional shower room for added convenience. Furthermore, the conservatory at the rear is drenched in sunlight and overlooks the expansive gardens, making it an ideal space for relaxation or as a multifunctional area such as an office or playroom. The outdoor space truly sets this property apart—accessed via double gates leading to a lengthy driveway that enhances privacy. The front garden boasts lush lawns with great curb appeal, while the rear continues with open views of the surrounding countryside. The extensive grounds offer substantial potential for extensions or remodelling. Additionally, there is plenty of parking with multiple garages and outbuildings available for storage or workshop use. This site is perfect whether you’re looking for expansive gardening opportunities or consider it as part of a larger development project (subject to planning). Located on the edge of the charming village of Nettleton, you'll benefit from rural tranquillity while remaining conveniently close to Lincoln city centre within approximately 30-40 minutes by car. The local area provides essential amenities along with scenic walks through the picturesque Lincolnshire Wolds.

Investment Analysis

(LN7 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£182/sq ft
Area Average
£214/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£245,643
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN7)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 4.6%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on LN7 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

Moortown Road, Nettleton, Market Rasen, LN7
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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
£696
Based on a loan of £142,500 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