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Mark Avenue, Horncastle

East Midlands

£160,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This appealing two-bedroom semi-detached bungalow is situated in a desirable part of the East Midlands, making it an exceptional prospect for buyers eager to inject their personal style. While the property requires some cosmetic updates, it boasts a generous plot with significant potential for extension contingent upon obtaining planning permission. Additional highlights include a sizable covered caravan port, uPVC double glazing, and gas central heating. Notably, the property benefits from cavity wall insulation that is guaranteed until 2031. The layout features a reception hall leading into a cozy lounge with traditional fire surround and ample natural light. The kitchen comes equipped with essential appliances and offers room for modernization. Both bedrooms are well-sized, and there's a shower room with modern tiling. Outside, you'll find easy-to-maintain gardens along with a fully enclosed rear space offering patio and lawn areas, perfect for outdoor activities. A garden shed with power adds extra practicality. This property is offered without any chain, allowing for quick access to your renovation vision.

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Investment analysis

(LN9 area)
Area Average
£230/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LN9)

Area prices are falling by -11.6% over the last 12 months
3 year growth: -9.9%
5 year growth: -4.1%
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

Mark Avenue, Horncastle
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 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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