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Walcott LINCOLNSHIRE

East Midlands

£225,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Barn Conversion

Description

This traditional barn, set on approximately 1.6 acres, presents a unique opportunity for conversion into a three-bedroom home, courtesy of granted planning permission. With its current features that include internal pens and stables, it is particularly suited for those interested in equestrian pursuits or smallholding activities. Located on the outskirts of Walcott, the property benefits from close proximity to local amenities and picturesque countryside strolling options. The nearby village of Billinghay provides essential services, while Metheringham offers connectivity to the East Coast mainline. This barn's renovation potential beckons investors to transform it into a desirable residence amidst scenic surroundings.

Investment Analysis

(LN4 area)
Area Average
£240/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -0.8%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on LN4 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

Walcott LINCOLNSHIRE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£803
Based on a loan of £168,750 over 30 years at 3.97% 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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