2-bedroom bungalow · LN11 7LN
For saleReduced £20k (−10.3%) on 23 AugListed 96 days
Opportunity summary
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About
This two-bedroom detached bungalow is offered for sale in the popular coastal village of North Somercotes.
Set along a quiet lane with open field views to the rear, the property provides off-road parking, a single garage and a garden, and is suited to buyers looking for a home that requires renovation and updating.
The accommodation includes one main reception room, arranged as an open lounge diner.
This room features patio doors opening directly onto the rear garden, allowing good natural light and providing pleasant views towards the adjoining fields.
A log burner forms a focal point to the living area, offering an additional heating source and a desirable feature for those seeking a more traditional style of heating.
From here, there is straightforward access to the rest of the accommodation, with space to arrange both seating and dining furniture.
The kitchen is fitted with a built-in oven and a four-ring electric hob, together with a stainless steel sink unit.
There is plumbing for both a washing machine and a dishwasher, providing scope for a practical and functional layout.
The kitchen links conveniently with the main living areas and offers an opportunity for a buyer to redesign to their own specification as part of the renovation work.
As well as been accessed from the entrance porch providing a handy additional access point to the property. There are two double bedrooms.
Both the main and second bedrooms offers generous space for bedroom furniture, and both benefit from views over the rear garden and towards the open fields beyond.
These outlooks enhance the sense of space and privacy to the rear of the property and will likely appeal to buyers who value a more rural setting.
The bathroom is fitted with a three-piece suite comprising a panelled bath with mains shower over, a close coupled WC and a wash hand basin.
While the property as a whole requires some renovation, the existing layout and fittings provides a practical base from which to modernise and improve, potentially reconfiguring to suit individual requirements.
Externally, the bungalow enjoys a lawned rear garden with views across open fields, providing an attractive backdrop and a sense of separation from neighbouring properties.
Patio doors from the reception room give direct access to the garden, making it well suited to those who enjoy outdoor space for seating, planting or general recreation.
The property also benefits from a single garage and parking, offering useful storage options and off-road spaces for vehicles.
Lpg gas heating serves the property, a common arrangement in villages without mains gas, and will be of interest to those considering future efficiency improvements as part of the renovation.
North Somercotes is a well-regarded coastal village on the Lincolnshire coast, positioned between Mablethorpe and Cleethorpes.
The village offers a range of local amenities including convenience shopping, a post office, primary and secondary schooling, public houses and takeaways.
These facilities make the village practical for day-to-day living without the need to travel frequently to larger centres.
The surrounding area is known for its green spaces, walking routes and access to the coast.
Nearby countryside footpaths and lanes provide opportunities for walking and cycling, while the wider area includes nature reserves and coastal destinations popular with residents and visitors alike.
This combination of village services, open countryside and coastal environment will appeal to buyers seeking a quieter setting with outdoor recreation close at hand.
For broader services, the market town of Louth is accessible by road and provides a wider choice of supermarkets, independent shops, healthcare facilities and leisure amenities.
The town is also a useful base for onward travel by bus to other parts of Lincolnshire. Council tax is currently noted as Band B.
Taken together, the two double bedrooms, open lounge diner with log burner, kitchen with existing services, bathroom with three-piece suite, garden with open field views, lpg gas heating, parking and single garage all provide a solid foundation for a buyer wishing to undertake a renovation project in a popular coastal village setting.
EPC Rating: C Parking - Garage Parking - Driveway Disclaimer We endeavour to ensure that our sales particulars are accurate and reliable; however, they do not constitute or form part of an offer or contract and should not be relied upon as statements or representations of fact.
Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the information provided.
Material Information relating to this property has been collected from our clients and, to the best of our knowledge and belief, is accurate at the time of publication.
Should any prospective purchaser require clarification or confirmation of any Material Information, we encourage them to contact us and we will make every effort to verify the details.
Any services, systems and appliances referred to within these particulars have not been tested by us, and no warranty or guarantee is given as to their condition, operating ability or efficiency.
All measurements are provided as a guide only and should not be relied upon as precise.
If you require further information or clarification on any aspect of the property, particularly before travelling a significant distance to view, please contact us.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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