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The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 1
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 2
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 3
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 4
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 5
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 6
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 7
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 8
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 9
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 10
The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH - Image 11

The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH

East Midlands

£135,000
Listed on 03/03/2026

Property Details

Bedrooms
5
Type
Detached house

Description

This unique mixed-use property offers a fantastic opportunity for investment or renovation, located in a charming village setting. Once a post office, this detached five-bedroom building spans 1236 sq. ft. and is ripe for transformation into a family home or commercial space. The property requires significant modernization but features a lovely side garden with a pond and a sizeable back garden that includes an annex, workshop/garage, and barn with stable. There’s considerable potential here for enhancements, including the possibility of extending the current structure or even demolishing existing outbuildings to create a new dwelling (subject to planning permission). With solar panels installed on the main building and a projected Gross Development Value exceeding £500k, this property presents an enticing project for developers or families looking to make their mark in the East Midlands.

Investment Analysis

(LN11 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£161
Avg Yield
3.0%

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
28
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.5%
5 year growth: +12.9%
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

The Old Post Office, Town Street, South Somercotes, Louth, Lincolnshire, LN11 7BH
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£487
Based on a loan of £101,250 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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