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Gipsey Drove, Boston, Lincolnshire, PE22

East of England

£575,000

Listed on 22/05/2026

Property Details

Bedrooms
4
Type
Farm House
Area
1367 sqft

Description

This charming detached farmhouse is set on approximately 8.57 acres of land, offering a unique opportunity for those with an interest in rural living or agricultural pursuits. The property comes with an array of fruit trees and existing livestock, including sheep and various fowl, which could facilitate a smooth transition into smallholding life. With its generous grounds, the potential for equestrian or hobby farming uses is significant, pending any necessary planning permissions. Inside, the farmhouse features a well-designed layout with a welcoming entrance hallway leading to two spacious reception rooms that are perfect for family gatherings. The kitchen/diner serves as the heart of the home and has ample space for entertaining, although it may benefit from modern updates to enhance functionality. The property includes an office that could serve multiple purposes—ideal for remote work or as an additional bedroom. The first floor houses three comfortable bedrooms along with a recently updated shower room. Outside, numerous outbuildings present further opportunities for conversion into workshops or additional storage. This estate is surrounded by picturesque countryside views and offers distinct privacy—a rare find for those looking to invest in a tranquil lifestyle or seeking renovation potential in the East of England.

Investment Analysis

(PE22 area)

Above Market Value

This property is priced +93.6% above area average per sq ft

+93.6%
This Property
£421/sq ft
Area Average
£217/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£326,754
10% above area average per sq ft
Potential ROI
-50.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PE22)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -6.1%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on PE22 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

Gipsey Drove, Boston, Lincolnshire, PE22
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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
£2,051
Based on a loan of £431,250 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.

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