4-bedroom semi-detached house · LN11 8JB
Sold STCListed 708 days
Opportunity summary
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About
It is a pleasure for TES Property to offer for sale Plot 22, a luxury semi-detached house located on the Monks Dyke Road Development built by the well known C & L Fairburn Properties.
This exclusive development offers a variety of semi-detached, mid terrace and end terrace properties, all tastefully designed throughout.
Plot 22 has a total floor area of 1324ft² excluding the 208ft² Garage & briefly comprises an open plan kitchen diner as well as a separate living room with french doors to the rear garden, downstairs toilet and utility cupboard, a staircase which leads to the first floor landing, four bedrooms, en-suites to the master and bedroom 2 as well as a family bathroom.
Externally the property benefits from front and rear gardens, a driveway and a garage. Viewing is highly recommended!
Location - Louth - The historic market town of Louth; fondly known as the 'Capital of the Wolds' and beautifully positioned in an Area of Outstanding Natural Beauty is approximately 15 miles from the coast, 16 miles from Grimsby and 30 miles from Lincoln.
It has a wealth of local services and amenities to offer.
Popular points of interest include the 'people's park' of Hubbard Hills and Westgate Fields, the last remaining Lincolnshire Cattle Market and the spectacular St James' Church, boasting the tallest medieval parish church spire of approx 287 feet /87.6 m.
Other features include Louth Golf Course and Kenwick Park Golf Course, Louth Tennis Centre, London Road Sports Pavilion, Riverhead Theatre, Playhouse Cinema, Louth Museum, Kenwick Park Gym and Spa and Meridian Leisure Centre.
As well as excellent local schools including King Edward's VI Grammar School, a doctors surgery and a hospital.
Louth is particularly well known for its vast array of independent shops, butchers and delicatessens, thrice weekly markets and the New Market Indoor Hall all offering outstanding local produce as well as three supermarkets; Morrisons, Co-Op and Aldi.
School Catchment Area - This property is in the catchment area for many primary schools, including St Michael's Church of England School, Louth Kidgate Primary Academy, North Cockerington Church of England Primary School and Grimoldby Primary School.
As well as 2 secondary schools, Louth Academy & King Edward VI Grammar School.
Proposed Dwelling - This four bedroom semi detached house briefly comprises an entrance porch with utility cupboard, W.C and staircase which leads to the first floor landing.
An open plan kitchen diner and living area with patio doors off into rear garden, four bedrooms with two en-suite and family bathroom.
Externally, the property benefits from a spacious driveway which provides off road parking for multiple vehicles and leads down to the detached garage which has an up and over door, power and lighting.
Property Specification - -Kitchen allowance -Bathroom allowance -Bathrooms (half tiled) -Oak internal doors & double glazed to living room -White spindle stairs -2 double sockets in all rooms plus TV points -Boiler in loft with ladder & partly boarded -Porcelain patio area -Seeded front & rear gardens -Outside tap -Sorrento tumbled block paving driveway -Front fence Lincolnshire rail & post with laurel hedge -Sides gated to provide extra security -Garage with electrics & up and over door -Alarm system -Downstairs underfloor zoned heating & first floor radiators in all bedrooms -Built to the new building regulations -EPC Band A with newly installed Fast Fibre Network & an aerial Booster -Roof inset solar panels with 25 year warranty -Electric car charger point with 25 year warranty There are also further upgrade packages available allowing you to design your dream home!
About The Developer - C & L Fairburn Properties Ltd are a family run development company who have over 14 years experience creating luxury dream homes in Lincolnshire!
C & L Fairburn ensure that each and every property is designed in a way that will meet all of your needs to create your perfect dream home!
With spacious floorplans and attention to detail inside and out, these exclusive homes offer an unmatched level of comfort and style.
Whether you are a first time buyer wanting to buy your dream first home, wanting to relocate or a change in size, C & L Fairburn will have your back!
Entrance Porch - 1.485m x 2.200m (4'10" x 7'2" ) - Utility Cupboard - W.C - 0.903m x 2.200m (2'11" x 7'2" ) - Kitchen Area - 2.890m x 2.606m (9'5" x 8'6" ) - Dining Area - 4.794m (max) x 5.477m (max) (15'8" (max) x 17'11" - Living Room - 5.477m x 3.615m (17'11" x 11'10" ) - Landing - Bedroom 1 - 2.892m x 4.490m (9'5" x 14'8" ) - En-Suite - 1.000m x 2.892m (3'3" x 9'5" ) - Bedroom 2 - 2.991m x 4.076m (9'9" x 13'4" ) - En- Suite - 3.375m x 0.930m (11'0" x 3'0" ) - Bedroom 3 - 2.788m x 3.759m (9'1" x 12'3" ) - Bedroom 4 - 2.589m x 2.575m (8'5" x 8'5" ) - Bathroom - 2.156m x 2.589m (7'0" x 8'5" ) - Garage - 2.893m x 6.765m (9'5" x 22'2" ) - Services - Mains water, gas, drainage and electricity are understood to be connected.
The agents have not tested or inspected the services or service installations and buyers should rely on their own survey.
Tenure - The property is believed to be freehold and we await solicitors confirmation. Council Tax Band - East Lindsey Council Tax Band TBC Brochure Prepared - November 2024.
Viewings - By prior appointment through TES Property office in Louth admin. Opening Hours - Monday to Friday 9:00am to 5:00pm Saturday 9:00am to 1:00pm
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Plot 22, Academy Way, Louth
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