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76 Horncastle Road, Roughton Moor, Woodhall Spa, LN10 - Image 1
76 Horncastle Road, Roughton Moor, Woodhall Spa, LN10 - Image 2
76 Horncastle Road, Roughton Moor, Woodhall Spa, LN10 - Image 3
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76 Horncastle Road, Roughton Moor, Woodhall Spa, LN10 - Image 10
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76 Horncastle Road, Roughton Moor, Woodhall Spa, LN10

East Midlands

£325,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
793 sqft

Description

This detached bungalow is situated on an expansive plot of approximately 0.82 acres, located just outside the desirable village of Woodhall Spa. The property presents a significant opportunity for renovation and investment, allowing potential buyers to tailor the home to their preferences while maximizing its value in a sought-after area. Currently, the layout includes a welcoming porch that leads into an entrance hall, a lounge with a traditional electric fire feature, and a kitchen equipped with essential cabinetry and a pantry. The home offers three well-proportioned bedrooms, each with ample natural light and heating. A wet room completes the interior spaces, providing necessary facilities while offering scope for modern updates. Surrounding the bungalow are extensive gardens, characterized by expansive lawns that not only create beautiful outdoor spaces but also offer potential for landscaping or expansion projects (subject to obtaining the necessary consents). The property is available with no onward chain, enhancing its appeal to investors looking for an immediate project. The driveway provides access to both front and rear gardens, while a concrete sectional garage adds practicality. The overall outdoor space could be developed further to create additional amenities or even enhanced living areas. The location benefits from being close to the charming amenities of Woodhall Spa, making it attractive for future buyers or renters. Additionally, it's worth noting that there is an uplift clause associated with this property; should planning permission be granted for further residential development within the property boundaries, the current owners would retain 30% of any increased value for up to 25 years. This aspect introduces another layer of investment potential for those considering future enhancements. In terms of services, the bungalow is connected to mains electricity, water, and drainage systems. Heating is provided through electric storage heaters, and the property features double-glazing throughout. Overall, this bungalow represents a rare chance to invest in a substantial plot within a desirable community while customizing it into your ideal living space.

Investment Analysis

(LN10 area)

Above Market Value

This property is priced +43.8% above area average per sq ft

+43.8%
This Property
£410/sq ft
Area Average
£285/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£248,693
10% above area average per sq ft
Potential ROI
-31.9%
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

76 Horncastle Road, Roughton Moor, Woodhall Spa, LN10
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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
£1,191
Based on a loan of £243,750 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