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South Reston, Louth LN11 8JQ - Image 1
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South Reston, Louth LN11 8JQ - Image 5

South Reston, Louth LN11 8JQ

East Midlands

£160,000
Listed on 25/02/2026

Property Details

Bedrooms
1
Type
Detached house
Area
731 sqft

Description

Nestled in the charming village of South Reston, this historic one-bedroom cottage, formerly the Women's Institute building, presents a unique opportunity for property enthusiasts. The residence has already undergone significant renovations while retaining its original character, featuring vaulted ceilings and authentic Victorian details. Notably, full planning permission has recently been granted for an exciting rear and first-floor extension that would enhance the living space with additional rooms and facilities. The interior showcases an inviting open-plan layout with underfloor heating and engineered oak flooring, flowing seamlessly from the living area into a functional kitchen equipped with modern appliances. The generous double bedroom boasts built-in storage and delightful features like a stained-glass window. A substantial utility room complements the space, providing practicality alongside comfort. Outside, a secluded garden awaits, perfect for cultivation or relaxation, complete with decking and well-defined boundaries. Located conveniently between Louth and the coast, this property offers not only a beautiful home but also considerable potential for further investment through planned extensions, making it an exceptional choice for those looking to add value.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£219/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£161
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£178,108
10% above area average per sq ft
Potential ROI
-15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.1%
5 year growth: +13.9%
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

South Reston, Louth LN11 8JQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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.

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