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Sandbraes Lane, Caistor

East Midlands

£235,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1236 sqft

Description

This secluded bungalow, subject to an Agricultural Occupancy Condition, is located on the outskirts of the appealing market town of Caistor. Set within a generous half-acre plot, it features a further paddock area to the south, presenting an excellent opportunity for renovation and customization. The property serves as a blank canvas where potential buyers can modernize according to their preferences. The accommodation is structured entirely on one level and includes three bedrooms, a spacious lounge with traditional features including an open fireplace, and a utility room with plumbing facilities. The kitchen contains some existing fixtures and could benefit from updating to enhance functionality and aesthetic appeal. Surrounded by substantial gardens adorned with mature hedgerows and outbuildings that may be negotiated for removal or repurposing, this property boasts ample outdoor space for gardening or recreational use. With off-road parking available for two vehicles via a tarmac driveway, accessibility is straightforward. Strategically positioned approximately 160 meters down Sandbraes Lane with dual access points, this bungalow enjoys a peaceful yet practical location near the diverse amenities offered by Caistor. Additionally, the presence of mains services and solar PV panels adds value while facilitating energy efficiency. Overall, this bungalow not only offers the promise of comfortable living but also represents a solid investment for those looking to renovate in a desirable rural setting.

Investment Analysis

(LN7 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£190/sq ft
Area Average
£212/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£287,623
10% above area average per sq ft
Potential ROI
+0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN7)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +6.4%
5 year growth: +17.4%
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

Sandbraes Lane, Caistor
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£888
Based on a loan of £176,250 over 30 years at 4.45% 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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