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Grimsby Road, Louth, Lincolnshire, LN11

East Midlands

£275,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house sits on an expansive plot of around 0.28 acres, ideally located near Louth town centre. Being offered with no onward chain, it presents a unique opportunity for buyers looking to customize their future home or invest in a potential renovation project. The property's standout feature is its sizeable side garden, which opens up various possibilities for extension, redevelopment, or reconfiguration (subject to the necessary approvals). This space could be transformed into a vibrant family residence tailored to modern needs. Internally, the ground floor features an entrance hall leading into a sitting room and living room, both of which boast classic detailing such as picture rails and aesthetic timber beams. The kitchen includes practical pantry storage and flows into a sun room/utility area that overlooks the garden. Upstairs, there are three bedrooms and a bathroom that's partially tiled. The outdoor areas are noteworthy; the generous plot not only provides ample off-road parking but also offers considerable landscaping potential or the addition of outdoor living spaces. Previous planning consent for a detached bungalow was granted, enhancing the investment appeal of this property. As properties with such substantial outdoor space close to Louth's amenities are rare, this offering combines location and development prospects—ideal for those seeking a long-term project or investment in real estate. An in-person viewing is recommended to fully grasp the dimensions and potential of this remarkable property.

Investment Analysis

(LN11 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£161
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -2.5%
5 year growth: +12.9%
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

Grimsby Road, Louth, Lincolnshire, LN11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 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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