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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 - Image 6
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 7
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 8
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 9
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 10
South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 11

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

East Midlands

£399,950
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3627 sqft

Description

This detached period family residence is nestled in the village of Utterby, offering a prime location on the A16, providing easy access to Louth and Grimsby. Set within approximately one-third of an acre, the property boasts extensive gardens and outbuildings which have recently obtained outline planning permission for conversion into a two-bedroom residential dwelling or annex, making it an attractive investment opportunity. The spacious accommodation spans two levels and is ripe for modernisation, allowing potential buyers to personalise the living space to suit their family's needs. Key features include a welcoming hallway with study area potential, a drawing room with an impressive stone fireplace, and a sitting room that flows seamlessly into a dining area via bi-fold doors. The kitchen includes traditional units with integrated appliances and opens into a sizeable utility room. Upstairs are four well-proportioned bedrooms alongside a bathroom featuring a four-piece suite. Outside, the property offers generous parking options along with multiple brick-built outbuildings that could serve various purposes from storage to workshop space or even offices. With its great potential for refurbishment and expansion, this property presents an excellent opportunity for families looking to invest in a home that allows for personal touches while also considering future development.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -50.0% below area average per sq ft

-50.0%
Potential saving
This Property
£110/sq ft
Area Average
£220/sq ft
Avg Rent (weekly)
£163
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£879,130
10% above area average per sq ft
Potential ROI
+95.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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