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Marsh Lane, Grainthorpe, Louth, LN11

East Midlands

£1,250,000
Listed on 02/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3543 sqft

Description

This expansive five-bedroom detached residence, situated in the picturesque rural area of Grainthorpe near Louth, presents a remarkable opportunity for those interested in renovation and investment. Spanning approximately 7 acres, the property boasts extensive living space alongside versatile outbuildings, including a self-contained holiday lodge and several barns ripe for development. The estate features electric gates for secure access, ample parking facilities, and double garages. Upon entering, you are greeted by a spacious entrance hall with built-in storage that marries functionality with style. The layout encourages exploration through multiple reception areas flooded with natural light from large windows that frame beautiful garden views. Notable is the open-plan design in the main living area which includes a fireplace and direct connection to the garden through fully glazed gables, creating an inviting atmosphere. The kitchen offers both cooking and dining spaces with a central island and built-in pantries. A separate utility room adds practicality to daily tasks, while five generously sized bedrooms provide flexibility—one could easily be adapted into a home office or guest suite. Each bedroom is serviced by three bathrooms, showcasing modern conveniences such as high-quality fixtures and fittings. The property’s outdoor area is equally impressive, with ample gardens suitable for various uses pending relevant permissions. Moreover, existing planning approvals offer exciting potential: one barn has permission for conversion into a two-bedroom holiday lodge while another serves as useful storage or workshop space. A planned caravan site adds an appealing revenue-generating prospect. This home not only supports multi-generational living but also provides exceptional potential for ancillary uses within its grounds. Situated close to Louth's amenities yet surrounded by tranquil countryside, this property is ideal for families seeking flexibility and space while remaining connected to local facilities.

Investment Analysis

(LN11 area)

Above Market Value

This property is priced +59.2% above area average per sq ft

+59.2%
This Property
£353/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£160
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£863,447
10% above area average per sq ft
Potential ROI
-38.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (LN11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -0.5%
5 year growth: +13.0%
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

Marsh Lane, Grainthorpe, Louth, LN11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,427
Based on a loan of £937,500 over 30 years at 3.91% 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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