3-bedroom detached house · LN11 8EQ
Under offerListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN. This generously proportioned detached bungalow offers a fantastic opportunity for those looking to create a comfortable home with their own personal touch.
Conveniently located, the property benefits from a Spa shop right next door and a bus stop just steps away, making day-to-day living exceptionally easy.
The bungalow features uPVC double glazing and gas central heating and it requires some modernisation, it provides a solid base with great potential.
Outside, the low maintenance gardens to the front rear are ideal for those seeking manageable outside space without the upkeep.
Property additional info Recessed Porch: With overhead light and uPVC double glazed front door opening to: Hall: With radiator, coved ceiling, built in airing cupboard housing hot water cylinder and access to roof space.
Lounge: 3.65 x 3.79 metres With marble fireplace housing electric fire, uPVC double glazed bow window, radiator, coved ceiling and glazed double doors opening to dining room.
Maximum width measurement. Dining room: 3 x 3.66 metres With uPVC door glazed patio door, coved ceiling, radiator.
Kitchen: 3 x 3 metres With fitted wall and base cupboards, wood effect worktops over, stainless steel sink and drainer board, space for washing machine, radiator, tiled splash backs, uPVC double glazed window and rear access door.
Bedroom 1: 3.65 x 3.98 metres With uPVC double glazed window, radiator, coved ceiling, built-in wardrobes and cupboards over. Maximum measurements.
Bedroom 2: 3 x 3.18 metres With uPVC double glazed windows to front and side elevations, built-in wardrobe, radiator and coved ceiling.
Bedroom 3: 1.99 x 2.71 metres With uPVC double glazed window, radiator and coved ceiling.
Wet room: 1.55 x 2.24 metres With mains fed shower, wash basin, WC, part tiled walls, uPVC double glazed window.
Outside: The front garden is mostly laid to gravel and includes a block paved driveway and footpath leading to the single garage.
The rear garden is again mostly laid to gravel with inset shrubs and concrete patio & a brick built outside toilet.
Attached Single Garage: 2.87 x 5.21 metres Single attached garage With up and over garage door, gas fired central heating boiler and the timer control, cold water tap, power and lighting and rear pedestrian access door.
Maximum width measurement. Services: The property is understood to have mains water, electricity, gas and drainage. Gas central heating. Tenure: The property is understood to be freehold.
Council Tax Band: According to the government's online portal, the property is currently in Council Tax Band C.
Broadband: We understand from the Ofcom website that standard broadband is available at the property with a download speed of 9 Mbps and upload speed of 0.9 Mbps.
Superfast broadband is also available with a download speed of 80 Mbps and upload speed of 20 Mbps. Ultra fast download speed 10000Mbps and upload 10000Mbps.
Openreach and nexfibre are the available networks.
Mobile coverage: We understand from the Ofcom website there is 81% mobile coverage with Vodaphone, 68% coverage with Three, 78% coverage with 02 and 80% with EE.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 16 Mayfield Crescent Louth LN11 8EQ
Explore nearby