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Poplars Lane, Legbourne, LN11

East Midlands

£249,900
Listed on 19/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1022 sqft

Description

This semi-detached house is positioned on a corner plot, offering a spacious rear garden, off-road parking, and a detached garage. The property is located in the desirable village of Legbourne, just 4.2 miles from Louth and 12 miles from the coast. It’s also within walking distance of local amenities, including the popular Royal Oak Inn and Legbourne Wood, an ancient woodland area. The interior of the home is characterized by its potential for renovation. With three bedrooms and various living spaces, it presents an opportunity for customization to suit personal tastes. The entrance lobby leads into a hallway with stair access to the first floor. The ground level includes a reception room featuring built-in cupboards and a connecting living room that opens to the patio area through double glazed doors. The kitchen comes equipped with essential fixtures and ample space to add modern touches or enhancements. Upstairs, each bedroom benefits from built-in storage and natural light through uPVC double glazed windows. The principal bedroom showcases a decorative cast iron fireplace, adding character to the space. A three-piece bathroom on the first floor includes essential amenities alongside additional storage options and houses an airing cupboard containing the Ideal boiler. Outside, the property boasts a generous lawn area framed by mature shrubs and trees, along with several outbuildings that can be adapted for various uses such as storage or gardening needs. A gated driveway offers convenient off-road parking access. The home has undergone some updates in recent years, including a new roof and boiler approximately six years ago, along with having passed an Electrical Installation Condition Report. This establishes a solid foundation for future improvements. Legbourne itself is well-equipped with community facilities such as a village store and primary school while remaining easily accessible to larger towns like Grimsby and Lincoln. This property not only provides living space but also represents an excellent investment opportunity tailored for those looking to create their own vision in this sought-after rural setting.

Investment Analysis

(LN11 area)

Above Market Value

This property is priced +10.5% above area average per sq ft

+10.5%
This Property
£245/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£157
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£24,990 - £62,475
10-25% of property value
Target Value
£248,673
10% above area average per sq ft
Potential ROI
-20.4%
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

Poplars Lane, Legbourne, LN11
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