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Harrington Road, Brinkhill, Louth LN11 - Image 1
Harrington Road, Brinkhill, Louth LN11 - Image 2
Harrington Road, Brinkhill, Louth LN11 - Image 3

Harrington Road, Brinkhill, Louth LN11

East Midlands

£50,000
Listed on 26/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This parcel of land, approximately 0.17 acres in size, is currently overrun with vegetation including mature trees, bushes, and nettles. Access is presently limited to pedestrian entry via Harrington Road. The site includes a small ditch at the front and presents substantial potential for development, particularly for residential purposes, pending necessary planning permissions. A significant aspect of development would require the establishment of new vehicular access from the road. Additionally, there is an option to acquire an extra adjoining area of around 0.03 acres that could enhance the overall project appeal. The sale includes specific overage provisions whereby any future residential planning approval would incur a 25% uplift payment to current vendors upon implementation or sale within a decade. This land offers a unique opportunity for investors or developers looking to capitalize on its development potential in a growing area.

Investment Analysis

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

Renovation Potential

Heavy 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

Harrington Road, Brinkhill, Louth LN11
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£180
Based on a loan of £37,500 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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