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Walcott LINCOLNSHIRE

East Midlands

£500,000

Listed on 16/03/2026

Property Details

Bedrooms
1
Type
Barn Conversion

Description

This charming one-bedroom barn conversion is nestled within over 5.5 acres of land, perfect for equestrian enthusiasts or those looking to establish a smallholding. The property boasts several practical outbuildings, including a garage and an office space, plus a barn that has secured planning permission for transformation into an additional three-bedroom residence. This presents an excellent opportunity for multi-generational living or potential rental income once completed. Currently used for accommodating various animals, the well-maintained paddock offers ample grazing space. Additionally, there is a mobile home on-site available through separate negotiation. Located on the outskirts of Walcott, the property benefits from local amenities in the nearby village of Billinghay and easy access to scenic countryside walks. The current owners are relocating, providing a unique chance for buyers to reimagine and expand this versatile property.

Investment Analysis

(LN4 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -0.8%
5 year growth: +7.8%
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

Walcott LINCOLNSHIRE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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