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St Marys Lane, Binbrook, LN8

East Midlands

£235,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached family residence is located in the desirable village of Binbrook, offering a solid foundation for those looking to invest in a renovation project. The property features a spacious layout with an entrance hall, lounge diner, sun room, kitchen diner, three bedrooms, and a bathroom, all situated on a generous plot with both front and rear gardens. Additional benefits include a garage, extensive driveway, and carport for ample parking space. Due to its current condition, modernisation is necessary, making it an ideal opportunity for buyers keen to create their own vision in an area rich with local amenities including schools, shops, and recreational facilities. With no onward chain, this home provides a straightforward path to enhancing its value through thoughtful updates and design choices.

Investment Analysis

(LN8 area)
Area Average
£228/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -4.4%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on LN8 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

St Marys Lane, Binbrook, LN8
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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
£832
Based on a loan of £176,250 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.

Stamp Duty Calculator

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