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Midville Lane, Stickney, Boston

East of England

£775,000
Listed on 09/04/2026

Property Details

Bedrooms
6
Type
Barn Conversion
Area
3304 sqft

Description

This property presents a compelling opportunity for those interested in rural development. Situated on approximately 3.107 acres (sts) near Stickney, it includes an existing residential home and has received Class Q planning permission for the conversion of three agricultural buildings into seven residential units, totaling 776.9 sq m (8,363 sq ft). The site is well-positioned with established access and completed Flood Risk Assessment, primarily located in Flood Zone 1, making it a low-risk development environment. The main residence, Hydra, is a sizable six-bedroom detached family home nearing 3,000 sq ft. Recently refreshed with new carpets and modern bathroom fittings, it offers immediate comfort while retaining potential for further personalization. With three reception rooms and a study, the layout is versatile enough to accommodate various lifestyles. While the barn conversion presents a unique opportunity to create desirable country homes subject to local market demand, the property also features ample outdoor space including formal gardens and paddocks. This setting not only enhances the lifestyle appeal but also adds significant value to the investment proposition. The combination of an operational family home alongside a consented development scheme makes this an attractive prospect for developers or investors looking to maximize their returns in a tranquil Lincolnshire locale.

Investment Analysis

(PE22 area)

Above Market Value

This property is priced +8.1% above area average per sq ft

+8.1%
This Property
£235/sq ft
Area Average
£217/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
Target Value
£788,665
10% above area average per sq ft
Potential ROI
-32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE22)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -5.9%
5 year growth: +11.3%
Investment Disclaimer: Analysis based on PE22 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

Midville Lane, Stickney, Boston
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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
£2,745
Based on a loan of £581,250 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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