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£575,000
POA

4 bed barn conversion for sale Newbridge Lane, Covenham St. Mary, Louth, LN11 0PQ

4 beds 4 baths Barn Conversion
Tenure: ask agent

Added yesterday

About this property

Reference RF0897 - EQUESTRIAN FOCUSED PROPERTY - An incredibly rare opportunity and EXTREMELY WELL PRICED 4 bedroom, 4 bathroom converted stable block that has been painstakingly transformed by the current vendor to create a truly exceptional home. Focused on those with an equestrian interest, the property sits in grounds extending to just under 4.5 acres with the perfect combination of paddock land, crew yard and formal property areas.

Key features

  • Great value equestrian focused property. INCREDIBLE VALUE AT £575,000!!
  • 4 bedroom 4 bathroom converted stable block.
  • Circa 4 acres of good level paddock land plus 0.5 acres of crew yard, gardens and stables.
  • Beautiful rural location
  • 43'0'' x 30'0''Barn/stable block accessed from the property and crew yard
  • Very well maintained throughout following a no compromise conversion.
  • Superb family kitchen
  • Separate annexe living space thanks to the versatile living space
  • Viewing essential
  • Very rare opportunity

Floorplan

Location

Newbridge Lane, Covenham St. Mary, Louth, LN11 0PQ

Council tax
Band D (Approx £2,276/year)

Mortgage and stamp duty

Property price £575,000
£287k £863k
Deposit10% £58,000
£0 £575k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £517,000 mortgage. Most lenders would want a household income of about £115,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in LN11 0PQ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Greyton Lodge, Newbridge Lane DetachedDec 2025£480,000
Windermere House, Newbridge Lane DetachedMar 2024£875,000
Karinya, Newbridge Lane DetachedNov 2023£360,800
Harbour Cottage, Newbridge Lane DetachedFeb 2022£325,000
Newbridge House, Newbridge Lane DetachedDec 2021£489,950
Newbridge House, Newbridge Lane DetachedJan 2021£383,500
Greyton Lodge, Newbridge Lane DetachedOct 2020£390,000
Halcyon, Newbridge Lane DetachedJul 2019£285,000

All sales on Newbridge Lane → All sold prices in Louth →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Richard Foster
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