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Main Road, Grainthorpe, Louth

East Midlands

£150,000
Listed on 08/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This quaint cottage presents a robust renovation opportunity, ideal for buyers ready to embark on a comprehensive transformation. With four bedrooms, including an en-suite, and spacious living areas, the property offers considerable accommodation that can be refurbished to suit personal styles or family needs. The inviting entrance hall leads to multiple living spaces, including a light-filled living room with double doors to the garden and a sizeable kitchen/dining area equipped with essential utilities. The utility room is practical for modern conveniences, while the first floor hosts several well-proportioned bedrooms and a family bathroom. However, potential buyers should note the findings of a recent survey which has highlighted significant structural concerns; therefore, cash buyers are advised for this project. The expansive gardens provide ample outdoor space and potentially extra parking options when cleared. This property is perfect for those looking to invest in a home with considerable restoration potential and bespoke opportunity.

Investment Analysis

(LN11 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£161
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.1%
5 year growth: +13.9%
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

Main Road, Grainthorpe, Louth
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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