We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · LN8 6JQ
For saleReduced £75k (−15%) on 26 OctListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unique and characterful detached stable conversion. Set in the picturesque Lincolnshire Wolds village of South Willingham with lovely countryside walks on your doorstep.
Convenience Stores, Post Offices and pubs can be found at nearby Donnington on Bain and East Barkwith.
A wider choice of shopping and amenities a short 5 miles away at Wragby to include swimming pool, Co-Op Food Store, selection of independent shops.
Well placed for local education with excellent Primary Schools at Donnington on Bain and Wragby. Superb choices of senior school options, to include Grammar Schools at Louth and Horncastle.
Regular bus services to Louth and Lincoln. This attractive home overlooks the pretty village church and sits well back from the road, so offers a good deal of privacy and a quieter position.
It has many character features including exposed stone, brickwork, wall timbers, beams, original feed manager along with multi fuel stoves.
The home is warmed by efficient modern electric heaters installed in 2023 and is retained by sealed unit double glazing.
It comprises in brief sunroom/entrance, dining area, kitchen, snug, sitting room, four bedrooms, ensuite shower room plus wet room.
Outside there is a large, gravelled driveway with parking for numerous cars and other vehicles providing access to the double garage.
The property also benefits from wrap-around gardens to front and side and include an orchard area.
Sun Room/Entrance - 2.06m x 3.40m (6'9 x 11'2) - 'Georgian' style bi-fold doors to front with views to the village church. Window to side. Wood effect tiled floor.
Wall mounted electric convector heater. Exposed brickwork.
'Georgian' style casement doors and matching side screen to:- Dining Area - 4.88m x 4.67m (16'0 x 15'4) - Part vaulted ceiling with original central beam with two windows to the side aspect.
Wall mounted electric convector heater. Archway through to snug area. Further archway with steps up into kitchen. Door to inner hallway.
Kitchen Area - 2.24m x 4.72m (7'4 x 15'6) - Cream colour, traditional cottage style units. Work-surface mounted Glazed & Lit 'Dresser' style unit with two glazed display cabinets.
Granite style work-surfaces. Belfast sink. Brick floor. Window to side. Beam. Archway to:- Pantry Area - 2.26m x 1.22m (7'5 x 4'0) - Window to rear. Brick floor.
Snug Area - 3.66m x 4.52m (12'0 x 14'10) - Multi-fuel stove with quarry tiled hearth. Vaulted ceiling with exposed wall timbers and windows to both side aspects.
Wall mounted electric convector heater. Sitting Room - 4.70m x 4.67m (15'5 x 15'4) - Exposed stone and brickwork with original feed managers. Multi-fuel stove with brick hearth.
Part vaulted ceiling with original central beam. Two windows to front aspect with views of the village church.
Window and double opening “Georgian” style casement door to the side aspect overlooking the driveway. Inner Hall - Latched door off dining area into light inner hallway.
Windows to the front and rear aspects. Rear doorway and stairs to the first floor. Exposed brick and stonework. Bedroom One - 3.94m x 3.10m (12'11 x 10'2) - Window to front aspect.
Wall mounted electric convector heater with archway through to: Dressing Area - Two double wardrobes with latched door through to: En-Suite Shower Room - White suite with corner shower, concealed cistern WC and basin, both set in a vanity unit with double storage cupboard.
Mermaid style boarding to water sensitive areas. Wall mounted heated towel rail. Window to front aspect. Bedroom Four - 3.00m x 2.06m (9'10 x 6'9) - Internal window to front aspect.
Wall mounted electric convector heater Wet Room - Shower area, Wash basin seated in vanity unit with cupboard, WC, mermaid boarding to water sensitive areas. White heated towel rail.
Window to front aspect. First Floor Landing - Velux window. Two double eaves storage cupboards. Latched doors off.
Bedroom Two - 3.81m maximum x 4.06m (12'6 maximum x 13'4) - Attractive vaulted ceiling with partially restricted headroom with exposed wall timbers. Wall mounted electric convector heater.
Two useful storage cupboards and two Velux windows. Bedroom Three - 3.94m x 3.10m (12'11 x 10'2) - Characterful vaulted ceiling with exposed beams and wall timbers with partially restricted headroom.
Wall mounted electric convector heater. Two Velux windows. Outside - Approached via large gravelled driveway with parking for several cars and giving access to the property, double garage and gardens.
Double Garage - 5.11m x 5.94m (16'9 x 19'6) - Two pairs of double opening doors. Light and electric. Wrap Around Gardens To Front And Side - Flagstone patio and seating area.
Expanse of 'L' shaped lawn. Mature hedgerow and shrubs. Fruit trees including greengage, apple and pear trees. Additional Information - Tenure: Freehold Services Metered mains water.
Sewerage – Klargester Digester (installed 2023) EPC Rating: E Council Tax Band: E - East Lindsey Agents Note: There is a connection between the seller of this property and Perkins, George, Mawer & Co
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Station Road, South Willingham, Market Rasen
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