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Tinkle Street, Grimoldby LN11 8SW - Image 1
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Tinkle Street, Grimoldby LN11 8SW - Image 3
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Tinkle Street, Grimoldby LN11 8SW - Image 5

Tinkle Street, Grimoldby LN11 8SW

East Midlands

£600,000
Listed on 04/06/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This distinctive detached residence sits on approximately 0.72 acres of well-maintained grounds, featuring mature gardens and panoramic views of the surrounding farmland. Built in 2004 to high standards, this property offers substantial living space suitable for a large family while also presenting significant renovation and investment opportunities. The accommodation includes a spacious entrance hall that leads to various versatile rooms, including a sitting room with sliding patio doors, a library, and an office that could easily serve as an additional bedroom. The well-appointed breakfast kitchen features hand-painted cabinetry and granite worktops, seamlessly connecting to a sunroom/dining area that maximizes the natural light and outdoor views. The first floor hosts five double bedrooms, with the master suite benefiting from an en-suite shower room. A notable aspect of this property is its potential for further development. The loft space has already been designed with future conversion in mind, allowing for additional living accommodations—subject to planning permissions. Additionally, the double garage is thoughtfully constructed for possible conversion into an annex or holiday let, providing additional income potential or space for family. The outdoor space is expansive and private, featuring multiple high-quality outbuildings including a log cabin garden room that can serve as a home office or entertainment area. A treehouse and potting shed add character while enhancing the functionality of the outdoor space. With ample parking available on the gravel driveway and easy access to village amenities just a short walk away, this property combines rural charm with practical advantages. Located near Grimoldby and just minutes from Louth, residents can enjoy local conveniences including schools, shops, and recreational facilities. Furthermore, the proximity to Lincolnshire's coastal attractions provides an appealing lifestyle choice. This home not only serves as a comfortable residence but also represents a unique investment opportunity for those looking to enhance its value through strategic renovations or potential rental projects.

Investment Analysis

(LN11 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£157
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£60,000 - £150,000
10-25% of property value
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 4.9%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on LN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Tinkle Street, Grimoldby LN11 8SW
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