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Old Chapel Gardens, Glentham LN8 - Image 1
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Old Chapel Gardens, Glentham LN8

East Midlands

£325,000
Listed on 17/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This exceptional development opportunity is set in the village of Glentham, conveniently positioned just 8 miles from Market Rasen and within easy reach of Gainsborough and Lincoln. Spanning approximately 1.27 acres, this site comes with full planning permission for the construction of five detached homes, each situated on spacious plots. The layout provides a unique courtyard atmosphere while one plot enjoys its own private access. The village's amenities include a public house, a shop, a community hall, and a garden centre, making it an attractive locale for future residents. Investors looking to capitalize on the rising demand for housing in this area will find significant potential here. Further details regarding planning can be accessed through the West Lindsey planning portal with reference wl/2024/00083. There may also be opportunities for additional land acquisition through negotiations.

Investment Analysis

(LN8 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£400,000 - £600,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LN8)

Area prices are falling by -9.0% over the last 12 months
3 year growth: -4.4%
5 year growth: +12.1%
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

Old Chapel Gardens, Glentham LN8
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 over 30 years at 4.06% 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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