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2 The Sidings, Louth LN11 0PX - Image 1
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2 The Sidings, Louth LN11 0PX - Image 5

2 The Sidings, Louth LN11 0PX

East Midlands

£219,950
Listed on 08/05/2025

Property Details

Bedrooms
2
Type
Detached house
Area
678 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for renovation and investment amid a peaceful cul-de-sac location, just a short stroll from the amenities of the town center, including supermarkets and local shops. With a practical layout, the home features a spacious dining lounge with a walk-in bay window, a breakfast kitchen equipped with ample storage, and a wet-room that could benefit from modern updates. The property's exterior features include a driveway leading to both a carport and an attached garage, enhancing convenience and adding potential value. The surprisingly expansive rear garden is another highlight, complete with established fruit trees and areas designed for seating and gardening. The garden’s current state allows for creativity in landscaping or expansion, making it ideal for those looking to personalize their outdoor space. Constructed in the late 1990s by reputable builders, this bungalow has solid brick-faced cavity walls under a pitched roof. While some modernization is needed inside—such as updating finishes and fixtures—the property retains significant charm with its timber-framed double-glazed windows and gas heating system. Once enhancements are made, this home can become not only more appealing but also more energy-efficient. Each bedroom offers potential; the larger room is ideal as a comfortable master suite overlooking the rear garden, while the second bedroom, currently set up as an ample single room, could easily serve as a guest room or home office. The wet-room setup adds accessibility options that are increasingly sought after in today’s market. In terms of location, Louth provides an attractive balance of urban amenities and pastoral charm. With active community events throughout the year and numerous recreational options such as sports facilities, parks, cinemas, and theaters nearby, this area caters to various lifestyles. Furthermore, excellent schools make it particularly appealing for families seeking quality education for their children. As an investment opportunity in Louth's increasing housing demand—combined with its convenient access to both local transport links and scenic countryside walks—this property stands out as one that holds considerable promise for buyers willing to bring their vision to life through thoughtful renovations. No chain allows for straightforward acquisition without delay.

Investment Analysis

(LN11 area)

Above Market Value

This property is priced +47.2% above area average per sq ft

+47.2%
This Property
£324/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£164,337
10% above area average per sq ft
Potential ROI
-35.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on LN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

2 The Sidings, Louth LN11 0PX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £164,962 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE