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Grimsby Road, Louth LN11 - Image 1
Grimsby Road, Louth LN11 - Image 2

Grimsby Road, Louth LN11

East Midlands

£120,000
Listed on 10/08/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a notable opportunity in the charming market town of Louth, offering a generous building plot with granted planning permission for an executive four-bedroom family home. The proposed layout features an inviting entrance hall, a convenient cloakroom, and designated spaces for both dining and open-plan living. The design includes a spacious kitchen that seamlessly flows into a lounge/family room, ideal for modern living. The master suite is designed with comfort in mind, featuring an ensuite and a dressing area, while three additional double bedrooms provide ample space for family or guests. Two of these bedrooms also include ensuites, catering to the needs of larger households. Additionally, the property plan incorporates a family bathroom and an attached garage, complete with a games room above—making it perfect for entertainment or recreational activities. Sitting on approximately 0.13 acres, this plot not only offers space for the planned residence but also holds significant investment potential given its location in Louth. Known for its vibrant community and local amenities, the town enhances the appeal of this project—whether you plan to develop it as your personal home or as an investment opportunity. The planning details can be easily accessed through the East Lindsey District Council Planning Portal (Ref: N/105/00097/23), providing clarity on what has been approved and paving the way for your vision to come to life.

Investment Analysis

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

Renovation Potential

Est. Renovation Cost
£12,000 - £30,000
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

Grimsby Road, Louth LN11
Map showing location of Grimsby Road, Louth LN11
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