2-bedroom bungalow · LN11 7AS
For saleListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no forward chain, Crofts are delighted to present this deceptively spacious and highly versatile semi-detached bungalow, occupying a generous plot with an impressive rear extension and elevated decked balcony overlooking the garden.
Providing flexible accommodation to suit a variety of buyers, the property offers an exciting opportunity for a new owner to modernise and personalise to their own tastes.
The well-proportioned layout currently comprises an entrance porch, welcoming hallway, shower room, bay-fronted lounge, bay-fronted principal bedroom, spacious dining kitchen, and two further interconnected rooms which were previously utilised as a dressing room and bedroom.
These rooms offer excellent potential to create a superb additional living area, home office, or guest accommodation, allowing the front lounge to be utilised as a further bedroom if desired.
Further benefits include gas central heating and uPVC double glazing throughout.
Externally, the property enjoys gardens to both the front and rear, with the substantial rear garden providing excellent outdoor space for families, gardeners, and those who enjoy entertaining.
A raised decked balcony offers the perfect spot to relax and enjoy views across the garden. In addition, there is a useful external utility/storage room with WC, accessed from the rear garden.
Offering fantastic potential, flexible living space, and a highly desirable no-chain position, early viewing is highly recommended to fully appreciate the opportunity on offer.
Entrance Porch UPVC double glazed Georgian styled entry door to the front elevation with two adjoining glazed windows and two further side windows. Inner door through to the hallway.
Hallway With central heating radiator. Loft access to the ceiling and plate rack to the walls.
Kitchen (13' 9'' x 10' 5'' (4.19m x 3.18m)) Offering uPVC double glazed windows to the rear and side elevation, along with side entry door.
Fitted with a range of wall and base units with contrasting roll edged work surfacing with inset one and a half sink and drainer.
Plumbing and space for a washing machine, space for a dryer and fridge freezer. Integrated electric oven and four ring hob. Splashback tiling.
Dining Area (10' 9'' x 11' 9'' (3.27m x 3.58m)) With uPVC double glazed window to the side elevation, a focal point of the dining arear is a feature aga stove set into the chimney recess.
(Not tested) Central heating radiator. Storage cupboard. Opens to the kitchen.
Living Room Or Bedroom (11' 3'' x 15' 0'' (3.44m x 4.57m)) Having uPVC double glazed French doors to the rear elevation opening out to a raised decking area/balcony, this room along with the previous one is perfect to be used as the main living area as it overlooks the rear garden and has a pleasant deck balcony area.
You would then use both the front rooms as bedrooms. Two central heating radiators.
Reception Room (12' 8'' x 10' 1'' (3.87m x 3.08m)) With skylight providing light to this space, this room was previously used as a part of the main bedroom for a dressing area and has central heating radiator.
Double doors opening into what was previously the main bedroom. The room would be perfect to be utilised along with the adjoining room as the main living area.
Bedroom One (13' 1'' x 12' 2'' (3.98m x 3.71m)) UPVC double glazed bay window to the front elevation. Coving to the ceiling. Central heating radiator. Fire surround.
Due to the versatility of this property you could make this room another bedroom and then use the extended rear bedroom into the living room.
Bedroom Two (13' 2'' x 11' 1'' (4.01m x 3.38m)) UPVC double glazed bay window to the front elevation. Coving to the ceiling. Central heating radiator. Wooden flooring.
Shower Room (10' 11'' x 4' 11'' (3.34m x 1.51m)) Equipped with a wash basin and w.c set into a bathroom unit along with a walk in shower.
Further storage units creating ample space to store every day items. Splashback tiling. Central heating radiator. Coving and fitted extractor.
Outside Established front garden with sloped pathway offering the ability for wheelchair users to access the property. The front garden is mainly paved and gravelled.
The rear garden is on e of the key selling point to this property and is larger than normally found along this road. The garden offers a expanse of lawn and has shrubs, summer house and a shed.
Dur to the rear extension to the property the present owners have a placed a raised decked area, which provides storage space beneath.
There is also to the lower section of the property a lockable garden room although it is limited in head height and provides an ideal working space, utility etc and also has a w.c off.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
Agent & docs
FAQ
About 127, Eastfield Road, Louth
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