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Outgate, Leverton, Boston, Lincolnshire, PE22 0AA

East of England

£750,000
Listed on 21/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3628 sqft

Description

Situated in the serene countryside of South Lincolnshire Fens, this expansive 19th-century farmhouse presents a unique opportunity for renovation enthusiasts and investors. The property includes a blend of traditional features and possibilities for modern updates, featuring a dual driveway and mature gardens extending across approximately six acres. With essential amenities located just a short drive away in the village of Old Leake, and larger towns like Boston providing ample services and transport links, this location is conducive to both residential living and potential rental opportunities. The farmhouse boasts significant space with five bedrooms and multiple reception rooms that could be transformed into stunning living areas. Although it has had some updates, including new uPVC windows, further modernization is needed to enhance its appeal. The existing features such as wood burners, ornate fireplaces, and spacious kitchen areas offer a solid foundation for improvement. Outdoors, the property features extensive paddocks, stables, and various outbuildings which could serve numerous purposes—whether for agricultural use or as additional storage for residential needs. With south-facing gardens that provide privacy and tranquillity, there’s significant potential to create an outdoor haven. This property offers not just a home but a canvas for reimagining a classic residence into a vibrant country estate or an investment opportunity with various avenues for income generation through lettings or events.

Investment Analysis

(PE22 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£207/sq ft
Area Average
£217/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£866,004
10% above area average per sq ft
Potential ROI
+4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Outgate, Leverton, Boston, Lincolnshire, PE22 0AA
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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
£2,656
Based on a loan of £562,500 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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