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Main Road, Willoughby, LN13

East Midlands

£275,000
Listed on 30/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1939 sqft

Description

This historic detached home, believed to be around 350 years old, offers a unique canvas for renovation enthusiasts looking to revitalize a characterful property nestled in the picturesque village of Willoughby, bordering the Lincolnshire Wolds. With over 1,900 square feet of adaptable living space set on a generous plot of approximately 0.19 acres, this residence retains many original features that could be restored to enhance its charm. Major aspects requiring attention include the roof and some modernization throughout the interiors. The ground floor comprises a welcoming porch leading into a study, a formal dining room with exposed brick accents, and a cozy lounge complete with a wood-burner for those chilly evenings. A breakfast kitchen provides ample room for culinary creations but would benefit from updating. Additional spaces include a rear hall, cloakroom, utility room, shower room, and two bedrooms. Upstairs lies an impressive master suite featuring a dressing room and en-suite bathroom alongside another bedroom and family bathroom. Outside, the private enclosed garden offers tranquility surrounded by nature, while off-road parking is accessible via a rear driveway. With cash buyers preferred due to spray foam insulation present in part of the loft, this property presents an exciting opportunity for those seeking to invest in its renovation while enjoying life in this sought-after countryside location.

Investment Analysis

(LN13 area)

Below Market Value

This property is priced -36.4% below area average per sq ft

-36.4%
Potential saving
This Property
£142/sq ft
Area Average
£223/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£475,530
10% above area average per sq ft
Potential ROI
+30.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LN13)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -3.7%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on LN13 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, Willoughby, LN13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£974
Based on a loan of £206,250 over 30 years at 3.91% 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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