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Torksey Avenue, Saxilby, LN1 - Image 1
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Torksey Avenue, Saxilby, LN1

East Midlands

£150,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
659 sqft

Description

This detached bungalow in the desirable village of Saxilby presents an exciting opportunity for renovation and investment. With three generously sized bedrooms and a functional layout that includes a single bathroom, kitchen, and a reception room, the property offers a solid foundation for those looking to create their ideal living space. The bungalow’s location is particularly advantageous; it is within walking distance of local shops and essential amenities, such as a pharmacy. Furthermore, excellent public transport links are available nearby, enhancing accessibility for commuters or those who appreciate easy access to urban life. The property requires some updating and rehabilitation, making it an ideal candidate for buyers seeking to implement their personal vision or increase its value through renovations. With thoughtful improvements, this bungalow could be transformed into a comfortable family home or an attractive rental property. For investors, this represents a promising venture in a sought-after area where demand is consistently strong. The potential for appreciation in value after renovations could yield significant returns. Overall, this property strikes a balance between peaceful village living and accessibility to essential services, while offering the promise of transformation for the right buyer. We invite interested parties to arrange a viewing to explore the possibilities this bungalow has to offer.

Investment Analysis

(LN1 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£228/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£167,959
10% above area average per sq ft
Potential ROI
-9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN1)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -7.8%
5 year growth: 4.6%
Investment Disclaimer: Analysis based on LN1 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.

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Location

Torksey Avenue, Saxilby, LN1
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