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The Green, Mablethorpe LN12

East Midlands

£230,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
753 sqft

Description

This detached two-bedroom bungalow is nestled in a tranquil cul-de-sac, offering a prime opportunity for renovation and personalization. Its location benefits from proximity to essential amenities, including Tesco and BnM, as well as the inviting sandy beaches of Mablethorpe, making it an appealing choice for both year-round living and holiday escapes. The property presents a solid foundation with a functional layout featuring a spacious hallway that leads to a lounge, kitchen, dining area, and two bedrooms, complemented by a shower room. The interior requires some updating, which allows new owners the chance to implement their vision and style. The addition of modern finishes could significantly enhance the property's value and appeal. Externally, the bungalow includes a driveway and garage for convenient parking or extra storage options. The private rear garden offers potential for landscaping or outdoor entertaining spaces, emphasizing the property's investment potential. With no upward chain, this bungalow not only promises immediate accessibility but also serves as an excellent canvas for those looking to create their ideal home or capitalize on rental opportunities in this desirable location. Overall, it represents a compelling option for investors or first-time buyers eager to make their mark on a well-positioned property.

Investment Analysis

(LN12 area)

Above Market Value

This property is priced +28.6% above area average per sq ft

+28.6%
This Property
£305/sq ft
Area Average
£238/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£196,763
10% above area average per sq ft
Potential ROI
-19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (LN12)

Area prices are rising by +5.9% over the last 12 months
3 year growth: -1.2%
5 year growth: 27.8%
Investment Disclaimer: Analysis based on LN12 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

The Green, Mablethorpe LN12
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 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