5-bedroom house · LN8 3XJ
For saleReduced £22k (−3.5%) on 10 OctListed 219 days
Opportunity summary
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About
Situated on the western edge of the highly sought after village of Tealby, Shepherd's Hill is a striking Detached Edwardian residence set within grounds of approximately 0.42 acres (sts).
The property enjoys open views over the surrounding countryside and offers generous accommodation extending to approximately 2,500 sq ft.
The house has been improved in recent years including a refitted Kitchen, new detached garage, underfloor heating to the Bathrooms, the creation of a Study and Wet Room and the addition of a Conservatory.
The property retains a number of original features including exposed beams, wood flooring and fireplaces.
The Ground Floor accommodation centres around a welcoming Entrance Hall leading to a number of Reception Rooms including a Sitting Room, Dining Room and Family Room which can interconnect to create an excellent entertaining space.
There is also a Breakfast Kitchen with informal Seating Area, Study, Conservatory, Utility Room, Wet Room and separate WC.
Situated on the western edge of the highly sought after village of Tealby, Shepherd's Hill is a striking Detached Edwardian residence set within grounds of approximately 0.42 acres (sts).
The property enjoys open views over the surrounding countryside and offers generous accommodation extending to approximately 2,500 sq ft.
The house has been improved in recent years including a refitted Kitchen, new detached garage, underfloor heating to the Bathrooms, the creation of a Study and Wet Room and the addition of a Conservatory.
The property retains a number of original features including exposed beams, wood flooring and fireplaces.
The Ground Floor accommodation centres around a welcoming Entrance Hall leading to a number of Reception Rooms including a Sitting Room, Dining Room and Family Room which can interconnect to create an excellent entertaining space.
There is also a Breakfast Kitchen with informal Seating Area, Study, Conservatory, Utility Room, Wet Room and separate WC.
To the First Floor there are Five Bedrooms including a Principal Bedroom with Juliet Balcony, Dressing Room and WC. There are also Two further Bath and Shower Rooms serving the remaining Bedrooms.
Externally the property stands within well maintained grounds of approximately 0.42 acres (sts) with a gated driveway providing parking for several vehicles and access to a detached double garage and outside store.
The mature gardens are mainly laid to lawn and include a variety of fruit trees along with a large elevated terrace with built-in barbecue, ornamental pond, vegetable garden and timber summer house.
Location Tealby is a village and civil parish in the West Lindsey district of Lincolnshire situated on the edge of the Lincolnshire Wolds and 3 miles north-east from Market Rasen.
The village has a public house, tennis and bowls club, a school, village shop, a tea room and offers many pleasant walks in the surrounding countryside.
Entrance hall With timber external door, UPVC double glazed window, solid wood flooring, stairs to the first floor, understairs storage cupboard and radiator.
Sitting room 23' 2" x 12' 3" (7.06m x 3.73m) With two UPVC double glazed windows, double doors to side garden and two radiators.
Dining room 15' 7" x 14' 1" (4.75m x 4.29m) With UPVC double glazed bay window with external door, original floorboards, exposed beam ceiling and fireplace.
Family room 16' 4" x 11' 2" (4.98m x 3.4m) With two UPVC double glazed windows, exposed beam ceiling and two radiators.
Kitchen 20' 10" x 13' 0" (6.35m x 3.96m) With three UPVC double glazed windows, tiled flooring, fitted units with quartz work surfaces, spaces for range cooker and American style fridge freezer, centre island with composite sink and integrated dishwasher.
Study 11' 10" x 8' 8" (3.61m x 2.64m) With UPVC double glazed window and radiator.
Inner hallway wet room With tiled flooring and walls, mains shower, heated towel rail, spotlighting and extractor fan. WC With low level WC, wash hand basin, radiator and extractor fan.
Utility room 8' 10" x 6' 2" (2.69m x 1.88m) With Belfast sink, radiator and extractor fan. Conservatory 9' 3" x 8' 3" (2.82m x 2.51m) With UPVC double glazed windows and external door.
First floor landing With two accesses to roof void and radiator.
Bedroom 1 17' 1" x 12' 10" (5.21m x 3.91m) With UPVC double glazed window and double doors opening to Juliet balcony with open views and dressing room.
En-suite WC With low level WC, wash hand basin, heated towel rail and extractor fan. Bedroom 2 12' 4" x 9' 9" (3.76m x 2.97m) With UPVC double glazed window, fitted wardrobes and radiator.
Bedroom 3 12' 4" x 11' 6" (3.76m x 3.51m) With UPVC double glazed window and radiator. Bedroom 4 11' 5" x 10' 4" (3.48m x 3.15m) With UPVC double glazed window and radiator.
Bedroom 5 9' 2" x 7' 3" (2.79m x 2.21m) With UPVC double glazed window and radiator.
Shower room With UPVC double glazed window, exposed floorboards, WC, wash hand basin, shower cubicle and gas boiler.
Bathroom With UPVC double glazed window, tiled flooring, WC, wash hand basin, bath with tiled surround and heated towel rail.
Outside Externally the property stands within well maintained grounds of approximately 0.42 acres (sts) with a gated driveway providing parking for several vehicles and access to a detached double garage and outside store.
The mature gardens are mainly laid to lawn and include a variety of fruit trees along with a large elevated terrace with built-in barbecue, ornamental pond, vegetable garden and timber summer house.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Shepards Hill, Thorpe Lane, Market Rasen
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