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South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ - Image 1
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South Grange, Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ

East Midlands

£300,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
3627 sqft

Description

This detached period family home offers significant renovation potential, located conveniently near the market town of Louth and the port of Grimsby in Utterby. Surrounded by extensive gardens and outbuildings—currently with outline planning permission for conversion into a two-bedroom annex or residential dwelling—this property is ideal for families looking to modernise and customize their living space. With spacious accommodation spread across two floors, it invites new owners to reimagine its layout according to their needs. The interior features a traditional hallway, multiple reception rooms including a drawing room with a stone fireplace, a sitting room with bi-fold doors leading into the dining area, and a conservatory that connects seamlessly to the garden. The kitchen exhibits classic design elements and functionality, while the utility room provides practical access to the outdoors. Four generously-sized bedrooms await creative updates, complemented by a functional bathroom. The large plot includes ample off-road parking and various outbuildings with power supply, making this an exciting project for those eager to make a mark on their new home.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -62.7% below area average per sq ft

-62.7%
Potential saving
This Property
£83/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£160
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£883,918
10% above area average per sq ft
Potential ROI
+152.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -0.5%
5 year growth: +13.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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.

Price History

-29.4% since listed
£300,000£25,000(-7.7%)
12/03/2026
Current price
£325,000£74,950(-18.7%)
10/02/2026
£399,950£25,050(-5.9%)
25/05/2025
£425,000Initial listing
17/12/2024

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