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Glebe Road, Great Carlton LN11 8JX - Image 1
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Glebe Road, Great Carlton LN11 8JX

East Midlands

£200,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1455 sqft

Description

This three-bedroom detached bungalow presents a significant renovation opportunity, located in the tranquil village of Great Carlton near Louth. The property sits on a substantial plot of approximately 0.32 acres, featuring a small paddock area that adds to its appeal. While the bungalow requires extensive refurbishment, it has the potential to transform into a comfortable family residence upon completion. Internally, the layout consists of an entrance porch, utility room, kitchen diner, and lounge, with three bedrooms and a bathroom accessed from a spacious hallway. An adjacent garage complements the driveway along with ample front and rear garden spaces. Built in the late 1970s with cavity wall construction and a combination of pitched and flat roofs, this property also features aluminium framed windows and doors. The oil-fired central heating system is currently non-functional and will need replacing or repairing. Additionally, it's important to note that this property is subject to an agricultural occupancy clause which prospective buyers should clarify with East Lindsey District Council before proceeding.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -37.9% below area average per sq ft

-37.9%
Potential saving
This Property
£137/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£161
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£354,511
10% above area average per sq ft
Potential ROI
+22.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.1%
5 year growth: +13.9%
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

Glebe Road, Great Carlton LN11 8JX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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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