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Grosvenor Road, Louth, LN11

East Midlands

£245,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow is located on the fringe of Louth, within a sizable plot of around 0.17 acres. Elevated from the road, it features off-street parking and a single garage, alongside established gardens that offer ample space for enhancement. This property presents an excellent opportunity for buyers interested in renovation—with potential for both interior improvements and possible extensions subject to local planning permissions. Upon entering, you are welcomed by an entrance hall leading to various living spaces. The generous lounge serves as an extension of the original layout, characterized by abundant natural light pouring in from front and side windows, while maintaining a connection to the kitchen which features wall and base units along with dining space. Three double bedrooms provide flexible accommodation; two come with built-in wardrobes maximizing storage efficiency, while the third bedroom can serve multiple purposes such as a guest room or home office. A functional bathroom includes essential amenities like a panelled bath and hand basin, complemented by a separate WC for added convenience. Access to the loft room via a pull-down ladder increases storage options or could be utilized for hobbies. The outdoor space includes beautifully maintained gardens—particularly appealing is the south-west facing garden designed for afternoon sunlight and outdoor entertaining. Situated outside Louth, this property offers access to local amenities including shops and schools that cater well to families. Its proximity to nature trails at the Lincolnshire Wolds Area of Outstanding Natural Beauty enhances its appeal for those who enjoy outdoor activities. Overall, this bungalow represents a promising project ideal for investors seeking to add value through thoughtful renovations.

Investment Analysis

(LN11 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£162
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
6%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -2.7%
5 year growth: +9.1%
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

Grosvenor Road, Louth, LN11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£874
Based on a loan of £183,750 over 30 years at 3.97% 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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