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Walcott Lincolnshire

East Midlands

£500,000
Listed on 16/03/2026

Property Details

Bedrooms
1
Type
Barn Conversion

Description

This unique one-bedroom barn conversion presents an excellent opportunity for those interested in equestrian ventures or smallholding activities, set on a generous plot of just over 5.5 acres. The property includes various functional outbuildings and a detached brick barn that comes with planning permission for conversion into a three-bedroom dwelling, making it ideal for multi-generational living or potential rental income. Currently accommodating a range of animals including ponies, the main residence is a semi-detached bungalow style barn conversion. The additional outbuildings such as a garage, hobby/office space, and barns equipped with internal stables and pens further enhance the versatility of this property. Paddock grazing areas are predominantly level, suitable for livestock management. Located at the edge of Walcott village, this property enjoys proximity to local amenities including a traditional pub and primary school. The nearby village of Billinghay offers even more conveniences like a Co-Op supermarket and medical centre, while Metheringham provides train connections to larger cities. With its rural charm and significant renovation potential, this property is an exciting investment opportunity for those looking to expand their living space or create additional rental income.

Investment Analysis

(LN4 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +10.6%
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

Walcott Lincolnshire
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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
£1,803
Based on a loan of £375,000 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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