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Ivel Close, Mablethorpe, LN12 - Image 1
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Ivel Close, Mablethorpe, LN12

East Midlands

£59,950
Listed on 10/02/2026

Property Details

Bedrooms
1
Type
Semi-detached house

Description

This one-bedroom chalet home in Mablethorpe presents an excellent opportunity for investment or renovation. Located just a short five-minute stroll from the beach, the property is nestled in a tranquil setting with nearby amenities such as shops, a fish and chip shop, and a cinema. While the home requires modernisation, this blank canvas allows you to personalise the space to your taste. The property sits on a central plot featuring a spacious rear garden, ideal for outdoor activities or future expansions. Additional benefits include off-road parking with sufficient space for multiple vehicles or even a motorhome. Inside, you’ll find two entrances leading to essential living spaces including a kitchen, lounge, bathroom, and bedroom. The good-sized enclosed garden offers both privacy and potential for landscaping improvements. Given its strategic location near local services and attractions, this chalet could become an appealing residence or rental investment with some thoughtful upgrades.

Investment Analysis

(LN12 area)
Area Average
£239/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LN12)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -3.8%
5 year growth: +23.8%
Investment Disclaimer: Analysis based on LN12 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

Ivel Close, Mablethorpe, LN12
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£216
Based on a loan of £44,962 over 30 years at 4.06% 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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