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Part Buy Part Rent properties in Lincolnshire

There are many historic counties in England but perhaps none more so than Lincolnshire. In addition to its historic past, it offers thriving towns and cities, beautiful countryside and popular coastal resorts. Most of all, for new home buyers, Lincolnshire can offer some of the best value house prices in the UK.

Lincoln is not just the county town but the jewel in the crown of Lincolnshire. Its stunning architecture is exemplified by its castle and cathedral and tourism remains its mainstay industry although it has a developing IT sector. Lincoln is also a university city with a youthful demographic which is ideal for the rental market. 

Starter homes have been advertised in Lincoln for as little as £60,000. However, all types of property for every budget are available here from period and listed properties to city centre terraces and apartments. New homes can be easily found as well with some of the latest developments happening in places such as Louth and Spalding. Allison Homes, who are based in south Lincolnshire, is one housebuilder of many worth checking out for the new home developments they have in the county.

For property investors looking for a potential opportunity for buy-to-let, one perhaps surprising location could be the Grimsby/Cleethorpes area. Grimsby, hasn't had the best of reputations but the town is currently undergoing a revival due to it becoming a centre for the offshore wind energy industry. As a result Cleethorpes has seen a boom in demand for properties, both in the rental market as well as properties bought outright.

Yet, property in this area can still be bought for low prices. In fact, there are towns up and down the Lincolnshire coast such as Mablethorpe or the popular resort of Skegness that offer a pleasant location in addition to relatively cheap property prices. These coastal resorts are also popular as retirement property locations. One other town which has seen a big rise in demand for properties is Boston which, again, is a hotspot for those wanting to buy-to-let.

In terms of transport, the Transpennine Express rail route connects Lincolnshire and the East Coast to cities like Sheffield, Manchester and Liverpool. The Transpennine Express also makes Manchester Airport being relatively accessible while Humberside Airport also offers direct air travel to a limited number of destinations in the UK and mainland Europe. The A1 remains the main road north and south through the county.

Other towns in Lincolnshire that show the best of what Lincolnshire has to offer include Grantham, Sleaford, Spalding and Market Deeping. 

Include Property Types
 Full Purchase
 Part/Buy Rent
 Built to Rent
1 results
Horncastle, Lincolnshire LN9
From £84,498 (50% share)
Horncastle, Lincolnshire LN9 
2 bedroom properties
Winceby Fields
Winceby Fields is a stunning new development of 2-bedroom homes located in Horncastle, a beautiful English market town on the edge of the picturesque Lincolnshire Wolds.
A Guide To Part Buy Part Rent
With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, rather than the size of your home. So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.
  Monthly Budget
Our monthly budget search provides a monthly cost estimate for the different ownership options available to you. These range from ‘outright purchase’, ‘part buy part rent’ and ‘rent’ options. As with any property purchase you should seek independent financial advice.

For outright purchase the monthly mortgage cost estimate is based on an interest only mortgage at a 5.95% annual interest rate, over 25 years with a 10% deposit.

For ‘part buy part rent’ the monthly cost is based on an interest only mortgage rate of 5.95% per annum over 25 years with annual interest of 2.75% on the unsold share.

For ‘rent’ the monthly cost is based on the rental from the landlord or Build to Rent organisation who owns the property.

Read our Guides to learn more about the different ways of living in your dream new home.
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