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South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 1
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 2
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 3
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 4
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 5

South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ

East Midlands

£399,950
Listed on 24/05/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This well-established detached family home presents a remarkable opportunity for renovation and investment in the desirable area of Utterby. Nestled conveniently along the A16 corridor, this property enjoys easy access to both the market town of Louth and the port city of Grimsby, making it an attractive option for commuters and families alike. Spanning two floors, the home features four bedrooms, ample living space, and extensive grounds amounting to roughly 1/3 acre. The property has retained its period charm yet is ready for modern updates to suit contemporary lifestyles. Generous living areas include a drawing room and sitting room with charming stone fireplaces, ideal for gathering spaces that can be tailored to your taste. The dining room boasts exposed beams and an inglenook fireplace with a log burner, adding character while providing a cozy atmosphere. The kitchen provides dual aspects that flood the room with natural light and includes traditional wall and base units as well as integrated appliances. Adjacent is a large utility room that not only serves as a functional space for laundry but also acts as an alternative entrance to the home. Upstairs, you will find a spacious landing that could easily accommodate a study area. Each of the four bedrooms offers ample storage options, including fitted wardrobes and charming cast iron fireplaces in some rooms, integrating both practicality and historical appeal. One of the standout features of this property is its potential for investment. The outbuildings on-site have recently received outline planning permission for conversion into a two-bedroom residential dwelling or annex, providing options for extra income or multigenerational living arrangements. This flexibility opens up numerous possibilities for future buyers or investors looking to enhance their portfolio. Outside, you'll find expansive gardens with mature trees offering privacy alongside several paved patio areas perfect for outdoor entertaining or relaxing in nature. The driveway offers extensive off-road parking suitable for various vehicles or recreational equipment. The location itself enhances the property’s appeal—being on a main route allows easy commuting to nearby towns while also benefiting from local amenities within reach in Utterby. With some thoughtful updates and renovations, this home has the potential to transform into a modern sanctuary while retaining its unique charm. In summary, this property not only offers spacious family accommodation but also significant investment potential through renovation projects and planning permissions already in place.

Investment Analysis

(LN11 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 2.7%
5 year growth: 18.0%
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 Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £299,962 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE