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Jerusalem Cottage, South Reston, Louth LN11 8JQ - Image 1
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Jerusalem Cottage, South Reston, Louth LN11 8JQ

East Midlands

£160,000

Listed on 29/12/2025

Property details

Bedrooms
1
Type
Cottage
Area
720 sqft

Description

This charming one-bedroom cottage, formerly the Women's Institute building, is nestled in the appealing village of South Reston, conveniently located between Louth and the coast. With full planning permission recently granted for a first-floor addition and rear extension, this property presents an exciting opportunity for investors or homeowners looking to enhance its living space. The interior showcases open-plan living with striking vaulted ceilings, offering a bright and airy atmosphere. Key features include a generous double bedroom, a modern shower room, and a utility room. The property boasts original elements such as a Victorian fireplace and exposed beams which add character to the home. Throughout, there are energy-efficient upgrades like underfloor heating and insulated walls that contribute to comfort year-round. The kitchen area includes stylish Shaker-style cabinetry and direct access to a private rear garden that benefits from sunny exposure—ideal for outdoor relaxation or gardening enthusiasts. Ample parking is typically available at the front of the property. Importantly, the approved plans allow for further expansion into two additional bedrooms and an extra bathroom, making it a fantastic investment prospect in an area with growing appeal. Prospective buyers should consider this unique opportunity to personalize and expand upon an already charming residence.

Investment analysis

(LN11 area)

Above Market Value

This property is priced +0.3% above area average per sq ft

+0.3%
This Property
£222/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£176
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£175,388
10% above area average per sq ft
Potential ROI
-14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (LN11)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -1.9%
5 year growth: +6.3%
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

Jerusalem Cottage, South Reston, Louth LN11 8JQ
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-15.8% since listed
£160,000£10,000(-5.9%)
25/02/2026
Current price
£170,000£5,000(-2.9%)
28/12/2024
£175,000£5,000(-2.8%)
04/08/2024
£180,000£10,000(-5.3%)
13/04/2024
£190,000Initial listing
21/12/2023

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