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The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 1
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 2
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 3
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 4
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 5
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 6
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 7
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 8
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 9
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 10
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 11
The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY - Image 12

The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY

East Midlands

£175,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached period property, formerly operating as a village shop, is now primed for a comprehensive renovation. Set within a generous plot in the picturesque Lincolnshire Wolds, this house boasts substantial living space across two levels. The ground floor features a main reception room with original bay windows and multiple access points leading to the spacious rear garden. Notably, the layout includes former kitchen and dining areas that present excellent opportunities for modern open-plan living designs. Ascending to the first floor reveals three bedrooms and an outdated bathroom in need of an upgrade, offering ample potential for reconfiguration to enhance functionality or increase value. The outdoor space includes off-street parking at the front and an L-shaped garden at the rear, complemented by a detached outbuilding which could serve various purposes post-renovation. This property represents an ideal investment opportunity for those looking to create their dream home or capitalize on the growing rural market.

Investment Analysis

(LN8 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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
7%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -6.0%
5 year growth: +2.6%
Investment Disclaimer: Analysis based on LN8 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

The Old Village Store, Main Road, Burgh-On-Bain, Market Rasen, Lincolnshire, LN8 6JY
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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
£661
Based on a loan of £131,250 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.

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