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Parklands, Mablethorpe

East Midlands

£195,000
Listed on 12/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
773 sqft

Description

This three-bedroom detached bungalow is situated in a tranquil cul-de-sac, presenting an opportunity for renovation and investment to transform it into a charming family home. While the property currently benefits from gas central heating and uPVC double glazing, it requires modernisation throughout to fully realise its potential. The spacious kitchen leads seamlessly to a private courtyard garden, which offers a low maintenance outdoor space ideal for those looking to enhance their gardening skills or create an inviting outdoor retreat. The living room features a gas fire and ample natural light, thanks to its bay window. Each of the bedrooms provides a comfortable area with existing built-in storage in one. Notably, this property includes a driveway and detached single garage, alongside easily maintained front and rear gardens. The energy performance certificate rating of 'D' indicates that there is scope for improvement in energy efficiency as well. With local amenities just a short walk away, including shops and proximity to Mablethorpe's beautiful seafront and promenade, this bungalow represents an excellent refurbishment project with promising rental yield or resale value.

Investment Analysis

(LN12 area)

Above Market Value

This property is priced +5.4% above area average per sq ft

+5.4%
This Property
£252/sq ft
Area Average
£239/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£203,434
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LN12)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -3.8%
5 year growth: +23.8%
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

Parklands, Mablethorpe
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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
£703
Based on a loan of £146,250 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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