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Main Road, Washingborough LN4

East Midlands

£250,000

Listed on 30/05/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This impressive 0.5 acre building plot, located in the charming village of Washingborough, comes with full planning permission approved for the development of a substantial detached home. The site offers sweeping views of the surrounding countryside, adding to its appeal. The proposed residence is thoughtfully designed to feature modern living spaces, including a spacious entrance hall, a ground floor WC, and an open-plan kitchen equipped with bifold doors that seamlessly connect indoor and outdoor living while maximizing natural light. The lounge boasts a striking vaulted ceiling, complemented by an additional sitting room that includes a double bedroom with an ensuite bathroom—ideal for guests or as an annexe. Upstairs, the galleried landing leads to four well-appointed double bedrooms, three of which have ensuites, along with a family bathroom. This property also includes a triple garage with storage above that could serve as a home office or extra living space. With established gardens and ample parking via a gated driveway already in place, this plot has significant renovation potential for investors looking to create a bespoke family home within a desirable location.

Investment Analysis

(LN4 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -0.9%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on LN4 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

Main Road, Washingborough LN4
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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
£944
Based on a loan of £187,500 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

This calculation uses non-residential (land/commercial) tax rates.

Price History

-23.1% since listed
£250,000£75,000(-23.1%)
28/04/2026
Current price
£325,000Initial listing
10/10/2024

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