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

East Midlands

£300,000
Listed on 12/03/2026

Property Details

Bedrooms
4
Type
Character Property
Area
3629 sqft

Description

This charming detached period family residence presents an excellent opportunity for renovation and investment. Located within the village of Utterby and conveniently positioned on the A16, this home boasts extensive grounds and outbuildings that come with outline planning permission, allowing for the potential conversion into a two-bedroom residential dwelling or annex. Spanning two floors, the property features spacious and adaptable accommodation that invites a fresh touch to modernize and personalize it for family living. Key spaces include a welcoming hallway leading to multiple reception areas, including a drawing room with an elegant stone fireplace and a cozy sitting room featuring bi-fold doors opening into the dining space. The kitchen is traditional yet functional, with necessary amenities, while the utility room provides practical access. Upstairs, four generously sized bedrooms await attention, each equipped with unique characteristics such as original fireplaces. The substantial plot of around 1/3 acre offers ample outdoor space highlighted by landscaped gardens, mature trees, and various outbuildings that can serve as workshops or storage facilities. This property holds significant refurbishment potential for those looking to invest in its future.

Investment Analysis

(LN11 area)

Below Market Value

This property is priced -62.6% below area average per sq ft

-62.6%
Potential saving
This Property
£83/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£162
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£882,010
10% above area average per sq ft
Potential ROI
+120.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN11)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -2.7%
5 year growth: +9.1%
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, Utterby, Louth, Lincolnshire, LN11 0TQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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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