
East Midlands
£195,000
Listed on 19/09/2026
Listed on 19/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £195,000, this is exceptionally cheap against the local £/sqf benchmark, making the acquisition price a clear opportunity. The listing states that full planning permission has been granted to restore and convert the period barn and granary into a substantial five-bedroom home with a detached double garage; verify the permission’s conditions and implementation status before proceeding.
This is a heavy, high-risk project rather than a cosmetic refresh: the existing buildings look derelict, with extensive overgrowth and visible roof damage, including a structure that appears partly collapsed. For someone ready to tackle a major restoration, the period character, approved scheme and village setting offer a distinctive project, but the weak overall grade reflects the scale of work and limited renovation-economics data.
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Map
Transport
Metheringham Rail Station
6.5 miles
Train · Metheringham
Hykeham Rail Station
7.2 miles
Train · North Hykeham
Ruskington Rail Station
7.5 miles
Train · Ruskington
Ancaster Rail Station
7.7 miles
Train · Ancaster
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Pricing
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