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2 The Sidings, Louth LN11 0PX

East Midlands

£219,950
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1108 sqft

Description

This two-bedroom detached bungalow presents a promising renovation opportunity in a quiet cul-de-sac, conveniently located just a short walk from essential town centre amenities like Morrisons and Aldi. The property features a spacious driveway, car port, and an attached garage, alongside a full-width dining lounge enhanced by a charming bay window. The breakfast kitchen is well-fitted but would benefit from some modern updates. A wet room serves the accommodation, while the expansive rear garden offers considerable potential for landscaping or further development, complete with existing greenhouse and shed. While the property is generally in reasonable condition, it requires some modernisation to unlock its full potential as either an attractive family home or a savvy investment in this desirable location.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -9.9% below area average per sq ft

-9.9%
Potential saving
This Property
£199/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£268,563
10% above area average per sq ft
Potential ROI
+7.4%
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