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Outgate, Boston PE22

East of England

£750,000

Listed on 27/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
3628 sqft

Description

Situated in the serene Leverton Outgate, this expansive 19th-century farmhouse offers a significant opportunity for renovation and investment. Spanning approximately 6 acres, the property features a range of outbuildings, including stables, a detached garage, and an office block with multiple rooms—ideal for those looking to create additional living spaces or business facilities. While the majority of the windows have been upgraded to uPVC, the interior would benefit from modernization to unlock its full potential. The various reception areas are spacious and well-lit, offering a warm atmosphere that could be enhanced further with contemporary finishes. The kitchen is functional yet ripe for an upgrade to suit modern culinary needs. With five bedrooms, some featuring en suite facilities and ample storage options, there's plenty of scope to improve both functionality and aesthetics across this sizable home. The expansive gardens provide privacy and potential for landscaping enhancements or recreational use. Overall, this property represents a canvas upon which one can apply creativity to transform it into a desirable residence or lucrative venture in East Lincolnshire.

Investment Analysis

(PE22 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£207/sq ft
Area Average
£215/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£859,219
10% above area average per sq ft
Potential ROI
-1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE22)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -8.2%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on PE22 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

Outgate, Boston PE22
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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
£2,833
Based on a loan of £562,500 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

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