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North End, Saltfleetby

East Midlands

£200,000
Listed on 06/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1338 sqft

Description

This detached property presents a significant renovation opportunity or potential for complete redevelopment, subject to obtaining the necessary permissions. The ground floor includes essential living spaces such as an entrance porch, lobby, lounge, dining room, and a kitchen that could be reimagined with modern finishes. There are two bedrooms on this level and a wet room that would benefit from updates. The first floor offers additional space with two more bedrooms, providing ample possibilities for creating a family home or rental investment. The garden area, while currently needing maintenance, boasts open views and ample parking, making it an appealing feature once restored. The property has partial double glazing and an oil-fired central heating system in place but would require extensive modernization throughout. Given its size and layout, this property could transform into a desirable residence or potentially a new build project in a picturesque setting.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -32.2% below area average per sq ft

-32.2%
Potential saving
This Property
£149/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£324,311
10% above area average per sq ft
Potential ROI
+15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on LN11 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

North End, Saltfleetby
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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
£733
Based on a loan of £150,000 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