2-bedroom bungalow · LN8 6AQ
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*IMPRESSIVE SEMI - DETACHED BUNGALOW, MUCH MORE THAN MEETS THE EYE* This splendid bungalow offers spacious accommodation. Entrance hall, lounge, kitchen diner, utility porch, 2 bedrooms & bathroom.
Gardens & driveway. NO ONWARD CHAIN EPC rating: D.
Tenure: Freehold, Situation Ludford is a small village which is situated at the foot of The Lincolnshire Wolds an area deemed to be of outstanding natural beauty.
Ideally situated for ease of access to Market Rasen which is approximately 6 miles away and Louth which is approximately 8 miles away.
Entrance Hall upvc front entrance door, electric storage heater and storage cupboard Lounge 3.06m x 5.12m (10'0" x 16'10") double glazed windows to rear and side aspects, electric storage heater and feature fire place with inset open fire Kitchen 2.45m x 2.51m (8'0" x 8'3") a range of fitted wall and base units, space and plumbing for washing machine, stainless steel sink unit, electric oven, 4 ring hob, integrated fridge freezer, splash backs, tiled flooring and double glazed window to front aspect Dining Room 2.57m x 2.6m (8'5" x 8'6") double glazed window to front aspect, electric storage heater and 2 storage cupboards Rear Porch / Utility 1.12m x 1.74m (3'8" x 5'9") uPVC rear entrance door, double glazed window to side aspect, space for tumble dryer and tiled flooring Bedroom 1 3.57m x 3.65m (11'9" x 12'0") double glazed window to rear aspect and electric storage heater Bedroom 2 2.77m x 2.79m (9'1" x 9'2") double glazed window to front aspect, electric storage heater and fitted storage Bathroom 1.73m x 2.08m (5'8" x 6'10") 3 piece suite comprising low level WC, vanity hand wash basin, panelled bath unit with shower over, tiled splash backs, roof void access and double glazed window to front aspect Gardens occupying a good sized plot with gardens front and rear.
The front garden is open plan with planted shrubs and flowers.
The rear garden is mostly laid to lawn, paved patio area, timber shed and greenhouse Driveway block paved 'in & out' driveway providing ample off street parking Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Next Steps Successful buyers will be required to complete anti-money laundering checks. Our partner, Hipla, will carry out the initial checks on our behalf.
The current non-refundable cost is £24 inc. VAT per person. You’ll need to pay this and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
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 Salters Cottages, Ludford, LN8
Explore nearby