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Dunston Fen, Metheringham, Lincoln, Lincolnshire LN4 - Image 1
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Dunston Fen, Metheringham, Lincoln, Lincolnshire LN4

East Midlands

£325,000

Listed on 10/06/2026

Property details

Bedrooms
3
Type
Detached
Area
1270 sqft

Description

Brook Farm offers a unique opportunity for those looking to invest in a residential property with significant potential for modernization. The farmhouse, featuring traditional stone and brick construction under a slate roof, retains many original characteristics but is in need of comprehensive updates. With three spacious bedrooms and a family bathroom equipped with a walk-in shower, the interior provides a solid foundation for creating a modern living space. Adjacent to the residence, there are various farm buildings that also require investment. These structures present an exciting chance for redevelopment into alternative uses, subject to planning permission. The property is set on approximately 10.41 acres of land, including about eight acres of pasture ideal for livestock or equestrian purposes, offering multiple avenues for expansion and enhancement. The surrounding landscape benefits from mature trees providing privacy and seclusion while being conveniently located near the village of Metheringham and the historic city of Lincoln. Brook Farm stands as an excellent investment opportunity that invites visionaries ready to transform it into their dream property.

Investment analysis

(LN4 area)

Above Market Value

This property is priced +6.4% above area average per sq ft

+6.4%
This Property
£256/sq ft
Area Average
£240/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£335,909
10% above area average per sq ft
Potential ROI
-21.0%
After renovation
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
8%
Properties sold annually

Local Market Trend (LN4)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -1.8%
5 year growth: +5.1%
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

Dunston Fen, Metheringham, Lincoln, Lincolnshire 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
£1,228
Based on a loan of £243,750 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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