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Freemans Lane, Bonby, North Lincolnshire, DN20 - Image 1
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Freemans Lane, Bonby, North Lincolnshire, DN20

Yorkshire

£180,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Detached
Area
1249 sqft

Description

Situated in the desirable village of Bonby, this three-bedroom detached home offers an exceptional opportunity for renovation and investment. Nestled off Freemans Lane, it enjoys an elevated position with stunning countryside views, creating a serene retreat for future owners. This property is not just a residence; it’s a canvas awaiting personal touch and improvement. Inside, the layout spans approximately 1,256 sq.ft. over two levels, featuring a central hallway that grants access to essential spaces including a ground-floor WC, kitchen, utility area, and two spacious reception rooms. The kitchen boasts traditional timber units that are ready for modernisation. Meanwhile, the utility area provides additional versatility and access to the rear garden. The dual reception rooms are particularly noteworthy; the sitting room showcases charming exposed brickwork and timber beams centered around a large fireplace—ideal elements for anyone looking to restore character to this home. The second reception room adds flexibility as it could serve various purposes such as a formal lounge or dining room, or even be transformed into an open-plan space with suitable permissions. Upstairs are three bedrooms: two generous doubles offering delightful views and one smaller bedroom accompanied by a shower room with basic amenities. The exterior complements the interior potential perfectly; situated amidst lush greenery, the garden offers plenty of scope for enhancement. Its secluded setting with established trees contributes to its tranquil atmosphere and provides ample opportunity for creating beautiful outdoor living spaces. Bonby itself is known for its peaceful charm and rural character while still maintaining easy access to local towns such as Barton-upon-Humber and Scunthorpe. With its combination of privacy, scenic views, and renovation potential, this property in Bonby stands out as an exciting project worth considering.

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Investment analysis

(DN20 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£144/sq ft
Area Average
£212/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£291,885
10% above area average per sq ft
Potential ROI
+14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DN20)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +7.4%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on DN20 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

Freemans Lane, Bonby, North Lincolnshire, DN20
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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
£680
Based on a loan of £135,000 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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