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Main Street, Horsington, Woodhall Spa

East Midlands

£400,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1425 sqft

Description

This detached modern bungalow offers a spacious 1,425 sq ft of living space featuring three double bedrooms and two bathrooms, along with an additional W.C. Positioned on a sizable 0.6-acre plot, the property boasts both front and expansive rear gardens, complemented by a full-width paved patio area. There are two sheds for storage and a substantial 20 ft side space with concrete hard standing, providing ample opportunities for further development or landscaping. The integral garage is equipped with lighting and power supply, along with a UPVC double-glazed side window and pedestrian door for easy access. Parking is generous here, accommodating up to four vehicles, with potential for more if desired. Notably, there is no upward chain associated with this property. Situated in a popular village location just five miles from the historic market town of Horncastle and the well-equipped village of Woodhall Spa—home to the National Golf Centre—this property benefits from both rural charm and accessibility to essential services. Inside the home, you will find a gracious entrance hall leading to several well-proportioned rooms. The spacious lounge diner features dual ceiling lights and a bow window that fills the space with natural light. A double-glazed conservatory adjoins this area, providing an inviting spot to enjoy the garden views year-round. The fitted kitchen breakfast room includes a variety of base and wall units, built-in appliances such as an electric hob and double oven, as well as designated space for a fridge freezer and breakfast nook. The utility room is practical for everyday use, containing plumbing options and additional storage. The main bathroom is designed for comfort with both a bath and shower facilities, while a modern en-suite adds convenience to the main bedroom suite. With recent updates such as UPVC double glazing throughout and oil-fired central heating featuring a Worcester boiler paired with an updated PVC tank, this property presents an excellent renovation opportunity. Its reasonable energy efficiency rating further enhances its appeal for future investment potential. External conveniences include lighting and water access for gardening enthusiasts. Overall, this bungalow represents not only a comfortable residence but also an excellent canvas for those looking to make their mark through updates or expansions in a desirable location.

Investment Analysis

(LN10 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£281/sq ft
Area Average
£285/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£446,894
10% above area average per sq ft
Potential ROI
+1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN10)

Area prices are falling by +3.3% over the last 12 months
3 year growth: 11.1%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on LN10 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

Main Street, Horsington, Woodhall Spa
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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
£1,465
Based on a loan of £300,000 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