Worst House on the Street Logo
Bank End, North Somercotes, LN11 - Image 1
Bank End, North Somercotes, LN11 - Image 2
Bank End, North Somercotes, LN11 - Image 3
Bank End, North Somercotes, LN11 - Image 4
Bank End, North Somercotes, LN11 - Image 5
Bank End, North Somercotes, LN11 - Image 6
Bank End, North Somercotes, LN11 - Image 7
Bank End, North Somercotes, LN11 - Image 8
Bank End, North Somercotes, LN11 - Image 9
Bank End, North Somercotes, LN11 - Image 10
Bank End, North Somercotes, LN11 - Image 11
Bank End, North Somercotes, LN11 - Image 12
Bank End, North Somercotes, LN11 - Image 13
Bank End, North Somercotes, LN11 - Image 14
Bank End, North Somercotes, LN11 - Image 15

Bank End, North Somercotes, LN11

East Midlands

£195,000

Listed on 20/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
721 sqft

Description

This two-bedroom detached bungalow presents a promising renovation opportunity in the desirable coastal village of North Somercotes. Nestled along a tranquil lane with expansive field views at the rear, the property includes valuable amenities such as off-road parking, a single garage, and a garden area ripe for improvement. The layout features an open-plan lounge diner that benefits from ample natural light through patio doors leading to the garden, making it not only a bright space but also one that enhances indoor-outdoor living. A traditional log burner adds character and warmth to the living area, which has potential for reconfiguration or redesign. The kitchen is equipped with essential appliances including a built-in oven and electric hob, with plumbing for both washing machine and dishwasher, offering buyers the chance to create their ideal culinary space during renovations. Both double bedrooms are generously sized and overlook the serene rear garden and fields, enhancing privacy and tranquillity. The bathroom is fitted with a three-piece suite that could benefit from modernisation. While some updates are necessary throughout the property, its existing framework provides a solid base for transformative work tailored to personal tastes. Outside, the lawned garden frames picturesque views across the open countryside—a perfect canvas for landscaping or outdoor entertaining. Additionally, LPG gas heating is installed, presenting an opportunity for efficiency upgrades during refurbishment initiatives. Located ideally between Mablethorpe and Cleethorpes, North Somercotes offers convenient local amenities including shops, schools, and recreational options without sacrificing community charm. Coupled with nearby nature trails and coastal access, this bungalow stands as an inviting potential investment for those looking to craft their dream home in a peaceful setting.

Investment analysis

(LN11 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£270/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£176
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£175,632
10% above area average per sq ft
Potential ROI
-26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LN11)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -1.9%
5 year growth: +6.3%
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

Bank End, North Somercotes, LN11
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£737
Based on a loan of £146,250 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.