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Rosewood Grainthorpe LN11 7JA

East Midlands

£200,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
973 sqft

Description

This spacious detached dormer bungalow presents an excellent opportunity for renovation and investment. With three versatile bedrooms, including two double rooms on the first floor and a third ground-floor snug that can serve as either a bedroom or additional living space, the layout is conducive to both family living and entertaining. The property features a well-proportioned lounge with glazed double doors leading into the dining room, allowing for open-plan flexibility when desired. Built in the 1970s, this home retains many original characteristics that could be modernized to meet today’s standards and preferences. The kitchen is functional but would greatly benefit from an update, featuring cherry wood style cabinetry and essential appliances. A central heating system powered by oil provides warmth throughout the home. Externally, the established gardens surround the property, offering potential for landscaping improvements or outdoor enhancements. The driveway is already resin bonded for easy access to a detached garage at the rear. While the property currently enjoys uPVC double-glazing and updated fascias, there remains considerable potential to enhance aesthetics and functionality through thoughtful renovations. Situated in Grainthorpe, a charming village rich in community spirit and history, this home offers a peaceful setting with convenient access to local amenities including schools and recreational facilities. This property's combination of space, location, and modernization potential makes it an attractive proposition for those looking to invest in real estate.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£206/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
£235,841
10% above area average per sq ft
Potential ROI
+0.4%
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

Rosewood Grainthorpe LN11 7JA
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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
£733
Based on a loan of £150,000 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