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Conisholme Road, North Somercotes, Louth

East Midlands

£150,000

Listed on 30/05/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This semi-detached bungalow in North Somercotes presents a solid foundation for renovation and investment. With a spacious layout, this property is well-suited for both first-time buyers looking to make their mark and investors aiming to enhance value. The home's design offers ample opportunity for improvements throughout, from updating the kitchen/diner, which features sufficient cabinetry and space for essential appliances, to revitalizing the living room equipped with a charming gas fireplace. Both bedrooms are conveniently accessible and provide natural light, while the bathroom comes fitted with a three-piece suite that could benefit from modern updates. Outside, the expansive garden offers potential for landscaping or outdoor enhancements. A private driveway completes the offering, accommodating several vehicles. This property is positioned in a desirable village area and holds significant promise for those willing to invest in its future.

Investment Analysis

(LN11 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£174
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (LN11)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -4.3%
5 year growth: +7.0%
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

Conisholme Road, North Somercotes, Louth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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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