Mill Road, Addlethorpe, PE24
East of England
£135,000Guide Price
Listed on 10/10/2026
Listed on 10/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedFeatures
- Garage
- Garden
- Parking
Description
Offered at auction, this three-bedroom semi-detached house in Addlethorpe is sold with no onward chain and freehold tenure. The ground floor has a lounge and separate dining room, both with open fireplaces, alongside a fitted kitchen with space for appliances. Two attached brick outbuildings provide additional storage or utility space, with the oil-fired boiler located in one of them. Upstairs are three bedrooms and a shower room. The property has oil-fired central heating and an EPC rating of E.
Outside, the plot includes a front lawn, a driveway with space for several vehicles, a single garage and a rear garden with sheds and an oil tank. The listing notes open countryside views and suggests that extension or adaptation may be possible, subject to the necessary permissions and consents. The house is in a semi-rural setting, with local amenities a few miles away and access to the Lincolnshire coast and nearby communities.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
At £135,000, this three-bedroom semi has a useful starting canvas: separate lounge and dining room with open fireplaces, plus a driveway, garage, outbuildings and a generous garden with open-field views. The dated finishes give scope to refresh the flooring and decoration, update the visibly worn kitchen and tidy the garden; the renovation range is £25,000–£50,000. No obvious major structural failure is visible in the submitted photos.
The overall score is E (47/100), so this is a more measured opportunity rather than a standout on the numbers. Floor area is missing, which means value versus local £/sqf cannot yet be judged; without that and a stated resale value, the economics are also difficult to assess.
Key opportunities
- Refresh the worn kitchen and older finishes, including flooring and decoration, to give the interior a more cohesive feel.
- Make use of the separate lounge and dining room, both with open fireplaces, as distinct living and entertaining spaces.
- Improve the garden and make practical use of the driveway, garage and outbuildings for parking and storage.
Key risks
None recorded.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£510
Based on a loan of £101,250 over 30 years at 4.45% 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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