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14 bed house for sale Eastgate, Louth

Guide Price
£1,000,000
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Reduced yesterday

Retirement home
Type
Detached
Bedrooms
14
Bathrooms
12
Size
£460 per sq ft
Tenure
Ask agent

Key features

  • Boutique Hotel or Guesthouse
  • Wedding and Events Venue
  • Wellness Retreat, Spa, or Treatment Centre
  • Fine Dining Restaurant with Accommodation
  • Corporate Training or Residential Conference Centre
  • Multi-Generational Private Estate
  • Assisted Living or Specialist Care Facility
  • Educational or Cultural Centre

About this property

At the heart of the estate stood The Priory, a part Grade II listed Gothic-style property dating back to the early 1800s and originally built as a private residence by Thomas Espin. More recently used as a hotel, The Priory is no longer in operational condition and requires some refurbishment—offering a blank canvas for new owners to create something exceptional.

Floorplan

Council tax

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Location

Eastgate, Louth

Mortgage and stamp duty

Property price £1,000,000
£500k £1.5m
Deposit10% £100,000
£0 £1m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £900,000 mortgage. Most lenders would want a household income of about £200,000 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.

Area insights

The neighbourhood around this property.

Marketed by
Fine & Country Northern Lincolnshire & The Lower Ouse Valley
72 Wrawby Street, Brigg, North Lincolnshire
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