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Lindum Terrace, Saltfleet, LN11

East Midlands

£115,000
Listed on 15/01/2026

Property Details

Bedrooms
1
Type
Semi-detached house

Description

This end of terrace one-bedroom house is situated in the picturesque coastal village of Saltfleetby, close to Louth, presenting a prime opportunity for renovation and investment. As part of a row of five cottages, the property features essential amenities including parking for two vehicles, a garage, and a workshop area, all of which add value and utility. Given its current state requiring some refurbishment, this home is ideal for buyers seeking a project to personalize or enhance. Upon entering, you'll find a welcoming porch leading into the cottage's main living areas. The lounge is characterized by its traditional charm with an open fire set in a Spanish tiled fireplace, serving as an appealing focal point. Adjacent to it is another reception room that connects through patio doors to a conservatory, providing an inviting transition to the enclosed rear garden. The ground floor includes practical features like a boot room—perfect for storing outdoor gear—and an under-stairs utility area equipped with plumbing for laundry appliances. Additionally, there is a generous larder offering ample storage space. The front kitchen comes with wooden units and essential cooking appliances but may require upgrading to meet modern needs. On the upper level, you’ll discover a bright double bedroom with dual aspect windows that invite natural light and showcase pleasant views of the surrounding fields. The shower room has sufficient storage options tailored for daily convenience. This layout makes the property suitable not only for individuals or couples but also as a potential holiday let. Outside, the enclosed garden offers space ideal for leisure activities or gardening pursuits. With both parking and workshop facilities readily available, this cottage meets various lifestyle needs while being located near local amenities in Louth and the scenic Lincolnshire coastline. For individuals keen on creating their own bespoke living space or investors looking at rental potential in this tranquil coastal setting, this property holds significant promise.

Investment Analysis

(LN11 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£172
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 0.6%
5 year growth: 15.9%
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

Lindum Terrace, Saltfleet, LN11
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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
£421
Based on a loan of £86,250 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