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Louth Road, Horncastle

East Midlands

£290,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This detached three-bedroom bungalow offers significant potential for those looking to invest in a property with ample room for modernisation and expansion. Nestled within spacious gardens, the home is primed for renovation and could be transformed into a contemporary living space, subject to planning permissions. The absence of an onward chain simplifies the purchasing process, allowing investors or buyers to start their transformation immediately. Inside, the layout includes a reception hall leading to a lounge with a charming stone fireplace, connected to a dining area that opens up to the kitchen. The kitchen is equipped but could benefit from refurbishment to meet modern standards. A conservatory enhances the living space and provides access to the rear garden. Each of the three bedrooms features windows bringing in natural light, while the shower room is functional yet could be updated for improved aesthetics. The property also boasts a garage and extensive outdoor areas perfect for landscaping or further development, making it an excellent opportunity for expansion or enhancement.

Investment Analysis

(LN9 area)
Area Average
£230/sq ft

Renovation Potential

Medium 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
10
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN9)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -6.6%
5 year growth: -0.9%
Investment Disclaimer: Analysis based on LN9 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

Louth Road, Horncastle
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,027
Based on a loan of £217,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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