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Retirement property for sale 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. 

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Woodhall Spa, Lincolnshire LN10
From £289,995 - £299,995
Woodhall Spa, Lincolnshire LN10
Location Ratings
3.8
1 - 2 bedroom properties
Woodhall Spa, Lincolnshire LN10
From £259,950 - £439,950
Woodhall Spa, Lincolnshire LN10
1 - 2 bedroom properties
Location Ratings Disclaimer:
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Location Ratings
Working with data experts CLSQ, we assess the latest information to give every current new homes development a rating under the core topics you see below, click on any of the developments to find out how they are scoring.
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  Monthly Budget
Our monthly budget search provides a monthly cost estimate for the different ownership options available to you. These range from ‘outright purchase’, ‘shared ownership’ 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 ‘shared ownership’ 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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