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The Old Bakery, 2 Market Place, Tattershall - Image 1
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The Old Bakery, 2 Market Place, Tattershall

East Midlands

£335,000
Listed on 02/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1679 sqft

Description

This charming Grade II listed former bakery presents a unique investment opportunity in the heart of a village, overlooking the picturesque green. The property boasts four bedrooms and spacious living areas, including three reception rooms, making it ideal for family living or as a renovation project. A conservatory opens up to a vast south-facing garden featuring an established orchard, greenhouse, and several outbuildings that have been recently upgraded. These outbuildings come with architectural plans for potential conversion, opening avenues for creative uses subject to the appropriate permissions. While the interior retains attractive period features like exposed ceiling timbers and fireplaces, some areas may benefit from modernisation and personalisation to fully unlock the property's potential. This versatile home encourages a vision for enhancing its character while enjoying the extensive grounds, perfect for gardening enthusiasts or those looking to expand their space. Viewing is recommended to appreciate both the scale of the interior and the expansive outdoor areas.

Investment Analysis

(LN4 area)

Below Market Value

This property is priced -16.7% below area average per sq ft

-16.7%
Potential saving
This Property
£200/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£442,610
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.4%
5 year growth: +8.3%
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

The Old Bakery, 2 Market Place, Tattershall
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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
£1,187
Based on a loan of £251,250 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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