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Main Road, Saltfleetby, LN11

East Midlands

£850,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2399 sqft

Description

This three-bedroom farmhouse, situated on over eight acres of land in the village of Saltfleetby near the Lincolnshire coast, presents a unique opportunity for those looking to invest in a versatile smallholding. The property features a spacious four-bedroom farmhouse that, while currently livable, is in need of some modernization to fully realize its potential as a family home or rental unit. Additionally, it boasts a 48-pitch caravan and motorhome site that has shown good income prospects in past seasons but requires attention to bring back into operation. Equestrian facilities and a professionally designed fishing lake further enhance the investment value of this property. Upon entering the farmhouse, you’ll find an entrance hall leading to generously sized reception areas including a charming sitting room and dining room with traditional fireplaces. The snug at the rear features a wood-burning stove for cozy evenings. A functional kitchen with enough space for a farmhouse table serves as the heart of the home, complemented by a large utility room with WC that provides practicality and access to the outdoors. Upstairs are three well-sized double bedrooms surrounding a landing, along with a family bathroom. While these living spaces are comfortable now, they offer ample scope for contemporary updates and personalization. The property also includes numerous outbuildings: a large barn with vehicle lift suitable for various uses; stables and additional storage facilities that provide options for generating further income; and paddocks alongside equestrian facilities that could be utilized for personal enjoyment or livery services. The fishing lake adds yet another dimension to this smallholding’s appeal, contributing both leisure opportunities and potential revenue related to the caravan site. The grounds include gated access leading to landscaped gardens around the farmhouse as well as expansive paddocks and leisure areas which would benefit from thoughtful enhancement.

Investment Analysis

(LN11 area)

Above Market Value

This property is priced +60.0% above area average per sq ft

+60.0%
This Property
£354/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£161
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£584,516
10% above area average per sq ft
Potential ROI
-35.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.1%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on LN11 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

Main Road, Saltfleetby, LN11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,066
Based on a loan of £637,500 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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