Thornton Road, North Owersby, LN8
East Midlands
£115,000
Listed on 04/11/2026
Listed on 04/11/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
904 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house in a rural village is offered with no onward chain and requires full modernisation. The ground floor includes an entrance hall, a separate WC, a lounge, a kitchen diner and a side porch. Upstairs are three bedrooms and a bathroom.
The property also has a generous rear garden and a driveway. The room layout and outdoor space provide a starting point for a refurbishment project. The agent advises viewing to assess the work required.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
69out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £115,000, this three-bedroom semi is a notably cheap acquisition against the local benchmark: £127/sq ft compared with £231/sq ft locally. The visible brick frontage appears generally intact, and the driveway and generous rear garden add to the appeal of the opportunity.
This is a heavy project rather than a cosmetic refresh. The lounge, kitchen, bathroom and several bedrooms show substantial wear, staining and soiling, while the rear garden is heavily overgrown. For a buyer ready to rebuild the interiors and make the most of the kitchen-diner layout and outdoor space, there is a clear renovation canvas; the overall score is C, reflecting strong value and economics alongside the demanding condition.
Key opportunities
- Rework the kitchen-diner and refresh the interior finishes across the lounge and bedrooms to create a more cohesive home.
- The three-bedroom layout offers a useful starting point for a full interior rebuild rather than a cosmetic update.
- Clear and improve the generous rear garden, including attention to the weathered shed.
Key risks
- Marked, soiled finishes across several rooms, worn flooring and visible staining make this a heavy full-interior programme; allow for substantial time and coordination, not a quick refresh.
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Transport
Nearest stations
Market Rasen Rail Station
4.8 miles
Train · Market Rasen
Brigg Rail Station
8.3 miles
Train · Brigg
Kirton Lindsey Rail Station
8.4 miles
Train · Kirton in Lindsey
Barnetby Rail Station
9.4 miles
Train · Barnetby le Wold
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
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years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£470
Based on a loan of £86,250 over 30 years at 5.13% 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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