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Lissington, Lincoln

East Midlands

£150,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1305 sqft

Description

This property, historically a Tailor's Cottage and Workshop, presents an exciting opportunity for renovation enthusiasts or investors looking to create a unique family home. Situated in the quaint village of Lissington, approximately four miles from Market Rasen and Wragby, it benefits from local amenities and schooling options. The residence features a living room, kitchen with pantry, dining room, lobby, bathroom, and four bedrooms (two with restricted headroom). Outside, there are expansive grounds including a front garden and a generous rear garden that houses various outbuildings such as stables and a pigsty—these offer potential for conversion or expansion upon obtaining necessary permissions. This property is in need of complete modernization and refurbishment but holds considerable promise for those willing to invest time and resources into its revival. With no onward chain, it presents a blank canvas awaiting your vision.

Investment Analysis

(LN3 area)

Below Market Value

This property is priced -53.1% below area average per sq ft

-53.1%
Potential saving
This Property
£115/sq ft
Area Average
£245/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£351,698
10% above area average per sq ft
Potential ROI
+52.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LN3)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -3.8%
5 year growth: 20.6%
Investment Disclaimer: Analysis based on LN3 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

Lissington, Lincoln
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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
£549
Based on a loan of £112,500 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