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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
Detached house
Area
3629 sqft

Description

This charming detached family home presents a remarkable opportunity for renovation and investment. Located in the desirable village of Utterby, it boasts significant potential with its extensive gardens and outbuildings, which have already received outline planning permission for conversion into a two-bedroom residential dwelling or annex. The house features spacious accommodation spread over two levels, ideal for families looking to modernize and personalize their new space. The property currently consists of four bedrooms, multiple reception areas including a drawing room and sitting room with feature fireplaces, as well as a conservatory that opens to the large garden. The kitchen is equipped with traditional units and there’s ample utility space available. With its prominent location along the A16, the home is within easy reach of both nearby Louth and Grimsby, making it an attractive proposition for those ready to invest in its transformation. Given its layout and garden area, this property is perfect for buyers seeking to put their own touch on a classic period home while also exploring additional development options in the outbuildings.

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)
£161
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£881,212
10% above area average per sq ft
Potential ROI
+151.8%
After renovation
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

Main Road, Utterby, Louth, Lincolnshire, LN11 0TQ
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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
£1,082
Based on a loan of £225,000 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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