Summary - 8, Market Place, Wainfleet PE24 4BU
3 bed 2 bath End of Terrace
Central town-centre renovation project with strong rental potential.
Two adjoining properties sold together on a single freehold title
A rare central Market Place opportunity: two adjoining properties (an end-terrace house and a ground-floor flat) being sold together on a freehold basis. The pair provide a combined three bedrooms, two kitchens, two bathrooms and two reception rooms across about 636 sq ft. Their period brick façades and town-centre frontage give good kerb appeal and strong short-term rental or holiday-let potential once refurbished.
The properties require full, comprehensive renovation throughout — structural fabric is traditional solid brick with internal insulation and heating is currently electric room heaters. The small plot and compact room sizes limit rear-extension potential; any redevelopment or change of use would need planning approval (STPP). There is an accepted offer of £90,000 on the sale (formal best-and-final offers invited) and the asking price is £100,000 — interested buyers should be aware of the public notice regarding that offer.
Location is a genuine strength: prime position on Wainfleet Market Place a short walk to the train station and local buses, shops, pubs and amenities. For investors or developer-buyers this central location and good transport links (direct trains nearby) make the properties suitable for rental, holiday lets or a small conversion scheme, subject to permissions. Note the wider area scores as very deprived and the properties are compact — factor refurbishment costs, potential voids and local market demand into any offer.
2 bedroom terraced house for sale in High Street, Wainfleet, SKEGNESS, PE24 — £110,000 • 2 bed • 1 bath • 433 ft²
2 bedroom semi-detached house for sale in All Saints Close, Wainfleet, PE24 — £114,000 • 2 bed • 1 bath • 753 ft²
2 bedroom semi-detached house for sale in Northolme, Wainfleet All Saints, PE24 — £180,000 • 2 bed • 1 bath • 1054 ft²
3 bedroom terraced house for sale in High Street, Wainfleet All Saints, PE24 — £122,000 • 3 bed • 1 bath • 872 ft²
2 bedroom property for sale in Wilford Grove, Skegness, Lincolnshire, PE25 3EZ, PE25 — £135,000 • 2 bed • 2 bath
4 bedroom town house for sale in Barkham Street, Wainfleet, PE24 — £190,000 • 4 bed • 1 bath • 1431 ft²
