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Thorpe Road, Tattershall

East Midlands

£220,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled on the edge of a tranquil village, this detached three-bedroom home presents an excellent opportunity for renovation and expansion. Set within spacious gardens, there is substantial potential for development, pending local planning approvals. Although the property shows signs of needing modernization, it features oil-fired central heating and uPVC windows throughout. The absence of a chain enhances its attractiveness, making it a candidate for swift investment decisions. Upon entering, the reception hall leads to a cozy lounge with an inviting open fireplace, perfect for creating a warm atmosphere after updates. The dining room overlooks the rear garden, offering a pleasant view while dining. The kitchen is functional but could greatly benefit from modern appliances and finishes; it offers ample space for additional equipment and has plumbing ready for your convenience. Upstairs, the bedrooms are well-sized, with built-in storage options in the master suite that can easily be refreshed. A compact bathroom is available but would require upgrades to meet contemporary standards. The outdoor area includes generous parking space and potential for extensions or conversions—ideal for those looking to enhance both living space and investment value in this desirable East Midlands location.

Investment Analysis

(LN4 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.8%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on LN4 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

Thorpe Road, Tattershall
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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
£806
Based on a loan of £165,000 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