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South Street, Caistor

East Midlands

£82,500
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom property presents a unique opportunity for those interested in renovation or investment within the historic market town of Caistor. Located centrally, just a short stroll from local shops, cafés, and essential amenities, this home spans four levels and features generous accommodations while offering potential for customization and modernization. The layout begins at the entrance hall, which leads to a first-floor landing where you can access the lounge and kitchen. A noteworthy feature is the additional storage space with restricted head height, perfect for occasional use or hobby needs. Ascending to the second floor reveals a spacious double bedroom complete with fitted wardrobes and an adjacent bathroom. Further stairs lead to another landing that opens up to a second comfortable double bedroom and a versatile third room that can serve as either a bedroom or study. The upper levels provide pleasant countryside views, allowing residents to enjoy the scenic surroundings of Caistor's marketplace and the Lincolnshire Wolds. Though some updates are needed, this property is being sold with no onward chain, making it an appealing option for buyers looking to invest in an area known for its blend of historic charm and modern convenience. The potential for refurbishment could significantly enhance both living standards and property value. Situated on the northern edge of the Lincolnshire Wolds, Caistor offers an attractive combination of independent retailers, schools (including Caistor Grammar School rated 'Excellent'), recreational facilities like sports fields, gyms, and swimming pools. The convenient location near the A46 allows easy access to larger cities such as Grimsby and Lincoln as well as transport links including Barnetby Train Station and Humberside Airport. This property is leasehold with 65 years remaining on its lease from March 1992. There are shared costs associated with maintenance responsibilities that could also provide opportunities for collaboration among fellow residents regarding future renovations or improvements. In summary, this residence offers not only flexibility in living space but also numerous possibilities for investment through thoughtful renovation—ideal for anyone looking to capitalize on the growing appeal of this charming market town.

Investment Analysis

(LN7 area)
Area Average
£214/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN7)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 4.6%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on LN7 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

South Street, Caistor
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£302
Based on a loan of £61,875 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