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Front Street, Tealby

East Midlands

£300,000
Listed on 07/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1270 sqft

Description

This spacious detached bungalow presents a noteworthy investment opportunity in the desirable village of Tealby, ideally located within walking distance of local amenities including a village shop, tea room, and pub. The property is set on a generous plot and while it currently requires modernization, it offers significant potential for enhancement through extensions or further development (subject to obtaining the necessary planning permissions). The internal layout comprises a Porch, Hallway, Lounge, Snug, Kitchen with Pantry, two Double Bedrooms (one featuring an En-Suite), Bathroom and Separate WC. Externally, the property boasts well-kept gardens to both the front and rear, along with a driveway that provides off-street parking and access to an integral garage. Notably, there are no onward chain complications for prospective buyers. Situated amidst the scenic Lincolnshire Wolds and offering a range of countryside walks, Tealby enhances this property's appeal as a tranquil yet accessible retreat.

Investment Analysis

(LN8 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£236/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,490
10% above area average per sq ft
Potential ROI
-6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -4.4%
5 year growth: +12.1%
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

Front Street, Tealby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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