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Mablethorpe

East Midlands

£130,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom semi-detached bungalow presents a unique opportunity for investors and home renovators alike. Spanning approximately 794 square feet, the property features a driveway with an attached carport and garage, enhancing its accessibility and storage options. Although it currently requires comprehensive modernization throughout, the structural layout holds excellent potential for reconfiguration or upgrades to suit contemporary living standards. The kitchen, equipped with base and wall units and dual aspect windows that invite natural light, allows for personalisation to create a functional space. The lounge offers a cozy atmosphere with a feature gas fire and ample room for relaxation or entertaining. Both bedrooms provide good dimensions with potential for built-in storage solutions. A family bathroom currently includes a four-piece suite but could be transformed into a more modern design. The garden area is secured and low maintenance, ideal for those looking to enhance outdoor living spaces further. With thoughtful refurbishment, this property could yield significant returns in both comfort and value.

Investment Analysis

(LN12 area)
Area Average
£239/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (LN12)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 1.5%
5 year growth: 30.0%
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

Mablethorpe
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 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