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1, Manor farm Bungalow, Scamblesby LN11 9XP

East Midlands

£120,000

Listed on 21/07/2026

Property details

Bedrooms

Type

Semi Detached Bungalow

Area

1015 sqft

Description

This three-bedroom semi-detached bungalow in the village of Scamblesby, located within the scenic Lincolnshire Wolds, presents a promising opportunity for renovation and investment. While the property requires significant modernisation, it offers a flexible layout featuring a lengthy hallway, a sitting room, a dining kitchen, a bathroom, and a separate WC. The bungalow benefits from partial electric storage heating and uPVC double glazing. Additionally, there is access to a parking area via the side garden. With no chain involved in the sale, this property is ripe for transformation into a cozy home or an investment project.

Investment analysis

(LN11 area)

Below Market Value

This property is priced -46.6% below area average per sq ft

-46.6%

Potential saving

This Property

£118/sq ft

Area Average

£221/sq ft

Avg Rent (weekly)

£176

Avg Yield

3.2%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£247,249

10% above area average per sq ft

Potential ROI

+54.5%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

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

1, Manor farm Bungalow, Scamblesby LN11 9XP

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£453

Based on a loan of £90,000 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.