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Church Lane, Alvingham, Louth

East Midlands

£130,000
Listed on 22/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
829 sqft

Description

This detached bungalow is situated in the serene village of Alvingham, just a short drive from the bustling market town of Louth. Set on a generous corner plot, the property boasts wraparound gardens that are well established with mature trees and shrubs, creating a peaceful outdoor space. A single detached garage and additional storage sheds enhance the practicality of the site. Internally, the bungalow offers two spacious double bedrooms, a living room featuring a traditional coal fireplace, and a functional kitchen with a breakfast bar that opens into a utility area. The layout includes essential amenities such as a shower room and separate W.C., alongside ample built-in storage. Notably, this property presents an exciting opportunity for modernization; it is in need of refurbishment throughout, allowing future owners to tailor updates to their preference. Alvingham's location provides easy access to local amenities in nearby Louth, renowned for its vibrant community and market offerings. Given the property's current condition and potential for enhancement, it could serve as an excellent investment opportunity for those looking to add value through renovations. This home is classified as non-standard construction due to timber framing, which may require consideration during any renovation plans. Interested parties are encouraged to view the property by appointment to fully appreciate its potential and explore how it can be transformed into a comfortable residence or rental opportunity.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£157/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£157
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£13,000 - £32,500
10-25% of property value
Target Value
£201,712
10% above area average per sq ft
Potential ROI
+24.1%
After renovation
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 4.9%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on LN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Church Lane, Alvingham, Louth
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