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Peters Lane, Withern LN13

East Midlands

£325,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
2121 sqft

Description

This spacious four-bedroom detached residence in Withern, Alford, presents a promising opportunity for those looking to invest or renovate. Set on an expansive plot, the property offers flexible living spaces with significant potential for extension or reconfiguration, subject to planning permissions. The entrance leads into a functional utility room that connects seamlessly to the kitchen—a layout designed for everyday convenience. The ground floor features a generous living room ideal for relaxation and an adaptable bedroom that can serve multiple purposes such as a dining area or study. Additionally, there is a three-piece shower room enhancing practicality. The first floor consists of three large double bedrooms filled with natural light, complemented by a single bedroom suitable for various uses like a home office or guest space. A family bathroom completes this level. The outdoor areas are extensive and include side and rear gardens, perfect for entertaining and future development opportunities. A private driveway and garage further add to the appeal of this well-positioned property, which is just a short drive from Mablethorpe's beaches and local amenities—offering the best of both countryside tranquility and coastal access.

Investment Analysis

(LN13 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£153/sq ft
Area Average
£218/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£508,732
10% above area average per sq ft
Potential ROI
+35.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (LN13)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -4.8%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on LN13 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

Peters Lane, Withern LN13
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Mortgage Calculator

£
£
£
%
%
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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