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Front Street, Tealby

East Midlands

£300,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1270 sqft

Description

Discover a spacious detached bungalow nestled in the picturesque village of Tealby, a short stroll from local amenities including a village shop, tea room, and pub. This property is set on an impressive plot, offering significant potential for renovation and expansion (subject to necessary planning permissions). While the interior currently requires modernization, it presents a unique opportunity for investors or homeowners looking to tailor the space to their preferences. Inside, the layout comprises a welcoming porch that leads into a hallway with convenient storage. The sizable lounge features three windows with secondary glazing, allowing ample natural light, while an adjacent snug provides additional living space. The kitchen offers practical elements such as fitted wall and base units with work surfaces, suitable for both everyday cooking and entertaining. This bungalow includes two generously sized double bedrooms; one bedroom benefits from an en-suite bathroom featuring a bay window and modern amenities like a bath and low-level WC. The second bedroom also has built-in storage and shares access to a family bathroom outfitted with essential fixtures. The exterior showcases well-maintained gardens both at the front and rear. A block-paved driveway facilitates off-street parking and leads to an integral garage. The expansive rear garden is primarily laid to lawn and adorned with mature plants, shrubs, and trees—ideal for outdoor gatherings or personal gardening projects. Tealby's location enhances this property's appeal. Situated near the Lincolnshire Wolds, residents can enjoy scenic countryside walks while benefiting from local facilities such as schools, sports clubs, and community events—all contributing to a vibrant village atmosphere. With no onward chain, this property presents an attractive proposition for those looking to invest in a home that offers both comfort and substantial renovation potential in a desirable setting.

Investment Analysis

(LN8 area)

Above Market Value

This property is priced +6.5% above area average per sq ft

+6.5%
This Property
£236/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£309,994
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by +13.8% over the last 12 months
3 year growth: -4.3%
5 year growth: 11.1%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE