Anyone want to buy a VILLAGE? 54 former RAF homes up for sale and you can buy them all!

News: Anyone want to buy a VILLAGE? 54 former RAF homes up for sale and you can buy them all!

Another Lincolnshire Highlights news story…

Homes used to house RAF personnel have been put up for sale as a job lot.

The 54 homes in the village of Brookenby and a 4,392 sq ft former NAAFI canteen are being marketed

If the property market is all about location, the rolling hills of the Lincolnshire Wolds take some beating.

And it is there that an exciting investment opportunity has arisen to buy 54 houses and a former RAF canteen in the village of Brookenby, near Market Rasen.

The successful buyer could rake in £19,900 a month or £239,000 a year in rent from 50 of the former RAF married quarters homes, with the chance to increase the yield to £260,000 from renting out four other houses once refurbished.

Former RAF homes at Brookenby are up for grabs
(Image: submitted)

The houses are a mixture of two and three bedroom properties of which 50 are already rented to mostly working families and couples.

Three further houses are in the process of being done up and a fourth property needs refurbishment.

 

The estate once provided accommodation for families at Lightning jet fighter base RAF Binbrook.

And the 4,392 sq ft former NAAFI canteen is included in the sale, which could be developed as housing or a shop.

The former NAAFI
(Image: submitted)

Property firm Avison Young is marketing the venture and says this about what’s on offer: “The portfolio is situated on a former RAF base in the village of Brookenby, which is well located for commuting to Grimsby (12 miles), Lincoln (25 miles), Scunthorpe (25 miles) and Hull via the Humber Bridge (24 miles).

“This picturesque location is a desirable location to live. It is well-suited for accessing the above major towns, as well as the regional road network, including the M180 leading west, and east coast seaside towns.”

How’s that for a view?
(Image: submitted)

Brookenby Parish Council’s website tells the interesting tale of how modern-day Brookenby borrowed its name from a much earlier ‘plaque village’ that disappeared off the map.

The site states: “Until the late 1980s, Brookenby did not exist. The site was the living accommodation for married families stationed at RAF Binbrook.

“When the station was closed down, and after the last Lightning left, the land was sold to a local developer who then sold the houses on the open market.

“With the village of Binbrook just one mile away, a new name had to be produced and the old name ‘Brookenby’, reputedly the name of a former ‘plague village’, was reactivated. 

“Since then, the village, while having its fair share of teething troubles, has slowly risen, phoenix-like, from the ashes of the former service married quarters.”

 

The parish council website adds that the homes were built to a very high standard, some as early as 1938/39 and others as late as the mid 1950s.

Last open day at RAF Binbrook before it closed in 87
Last open day at RAF Binbrook before it closed in 1987

Follow this link for more information about the investment opportunity.



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