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Waterloo Road, Mablethorpe, LN12

East Midlands

£170,000
Listed on 22/09/2025

Property Details

Bedrooms
7
Type
Semi-detached house
Area
1937 sqft

Description

This semi-detached property presents a significant renovation opportunity, boasting seven bedrooms and three reception areas, making it an ideal investment for developers or those looking to create a bespoke family home. Although the house is currently in need of a complete refurbishment, its spacious layout and generous room sizes provide a solid foundation for transformation. Upon entering, a welcoming entrance hall leads to two of the reception rooms and the kitchen. Each of these versatile spaces offers potential for reconfiguration to suit modern living needs. The kitchen includes essential cabinetry and access to a rear garden, which could be enhanced into an outdoor retreat or entertainment area with some creative landscaping. The first floor hosts multiple bedrooms—five in total—with varying sizes, accommodating different needs such as guest rooms or children’s spaces. The layout splits into two corridors, providing easy access and the possibility of converting certain areas into en-suites or additional bathrooms to maximize rental potential. Located in Mablethorpe, this property benefits from its proximity to both the town center and the beach, attracting visitors year-round. The area features essential amenities such as shops, schools, and leisure facilities within walking distance. Public transport connections further enhance accessibility to larger towns like Skegness and Alford, increasing the property’s attractiveness for future tenants or resale. With mains utilities available but untested, prospective buyers are encouraged to conduct due diligence regarding service connections. This property is categorized under Council Tax Band C. Overall, this seven-bedroom semi-detached home offers substantial investment potential in a desirable coastal location. With thoughtful renovations and upgrades, it can become a lucrative asset in today’s housing market.

Investment Analysis

(LN12 area)

Below Market Value

This property is priced -63.6% below area average per sq ft

-63.6%
Potential saving
This Property
£88/sq ft
Area Average
£241/sq ft

Renovation Potential

Est. Renovation Cost
£17,000 - £42,500
10-25% of property value
Target Value
£513,605
10% above area average per sq ft
Potential ROI
+141.7%
After renovation
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN12)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 0.5%
5 year growth: 28.1%
Investment Disclaimer: Analysis based on LN12 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

Waterloo Road, Mablethorpe, LN12
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