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Westland Crescent, North Kelsey, Market Rasen, LN7

East Midlands

£73,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1195 sqft

Description

This three-bedroom home presents a noteworthy opportunity in the desirable village of North Kelsey. Spanning nearly 1,200 sq. ft., this property is well-suited for first-time buyers, young families, or investors looking for a project with significant potential for value enhancement through modernization. Upon entering, you are greeted by an entrance hall that features practical storage solutions and leads to a conveniently located cloakroom. The spacious living room, measuring over 18 feet in length, boasts appealing attributes such as exposed ceiling beams and a traditional brick fireplace equipped with a log burner—creating a warm and inviting atmosphere. Glazed doors connect this space to the conservatory, which overlooks the rear garden and serves as an adaptable area perfect for dining or relaxation. The kitchen is positioned at the rear of the property and comes with fitted units and work surfaces, providing a solid foundation for redesigning into an open-plan kitchen-diner if desired. With some updating and renovations, there’s potential to enhance both the functionality and aesthetic appeal of this space. The upper floor accommodates three well-sized bedrooms. The main bedroom extends nearly 15 feet and features built-in wardrobes, while the second bedroom also includes storage solutions. A third smaller bedroom offers flexibility for use as a nursery or office space. The family bathroom contains a three-piece suite but would benefit from redecoration to align with contemporary tastes. Outside, the property showcases a charming front garden primarily laid to lawn, accompanied by mature shrubs that create an inviting entryway. A driveway provides off-road parking convenience for residents and guests alike. The rear garden is particularly noteworthy—a spacious area offering privacy amidst its mature landscaping. It includes a paved patio ideal for outdoor entertaining during warmer months and expansive lawn space bordered by established plants that lend a secluded ambiance. This garden layout allows for various landscaping possibilities tailored to personal preferences—be it creating spaces for children’s play, vegetable gardening, or more decorative landscaping. Located in North Kelsey—a tranquil community surrounded by picturesque countryside—the property benefits from local amenities including a primary school, village hall, playing field, and public house. For further shopping options or services, both Caistor and Market Rasen are just short drives away. This home requires some refurbishment but offers ample scope for renovation that could significantly elevate its market value while creating a customized living environment tailored to modern lifestyles. Its blend of potential upgrades and attractive location makes it an appealing consideration for those seeking their next investment venture.

Investment Analysis

(LN7 area)

Below Market Value

This property is priced -71.4% below area average per sq ft

-71.4%
Potential saving
This Property
£61/sq ft
Area Average
£214/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£281,172
10% above area average per sq ft
Potential ROI
+173.0%
After renovation
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

Westland Crescent, North Kelsey, Market Rasen, LN7
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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
£267
Based on a loan of £54,750 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