We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · LN11 0ST
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are delighted to bring to the market this superb and immaculately presented two bedroom mid-terraced house, situated just a short distance from the town and local amenities.
The property further benefits from spacious kitchen/diner, privately enclosed garden and paved driveway to the front. Early viewing is most highly advised.
Entrance Porch - 1.19m'' x 1.17m'' (3'11'' x 3'10'') - Enter via uPVC double glazed door, uPVC double glazed window, radiator, door to:- Reception Room - 3.58m'' x 4.50m'' (11'9'' x 14'9'') - Abundantly light reception room with staircase to the first floor, TV Aerial point, telephone point, door to:- Kitchen/Diner - 3.58m'' x 2.67m'' (11'9'' x 8'9'') - Fitted with a stylish range of wall and base units with complimentary worksurfaces over, one bowl stainless steel sink unit with drainer and mixer tap, integral cooker, four ring electric hob with featured stainless steel extractor hood over, space for freestanding fridge/freezer, plumbing for a washing machine, partly tiled walls, wall mounted boiler, space for a dining table, uPVC double glazed window to the rear aspect, uPVC double glazed pedestrian door to the rear aspect, radiator.
Landing - 1.75m'' x 0.91m'' (5'9'' x 3'0'') - With loft access, radiator, doors to both bedrooms and bathroom.
Bedroom 1 - 2.64m'' x 4.22m'' (8'8'' x 13'10'') - Spacious double bedroom with uPVC double glazed window, built in storage cupboard, radiator.
Bedroom 2 - 1.68m'' x 2.97m'' (5'6'' x 9'9'') - With uPVC double glazed window, radiator.
Bathroom - 1.78m'' x 1.96m'' (5'10'' x 6'5'') - Fitted with a three piece suite comprising panelled bath with mains shower over, wash hand basin with mixer tap set into vanity unit, w.c., tiled splash backs, uPVC double glazed window.
Driveway - Paved driveway providing off road parking.
Garden - To the rear of the property is a privately enclosed garden with timber fencing to the boundaries and includes a variety of plants trees and shrubbery to the borders.
There is also a paved patio seating area located outside the kitchen/diner which is perfect for relaxing in the sunshine or outdoor dining. Tenure - Freehold.
Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band A.
Viewing Arrangements - Viewing by Appointment through Choice Properties, Alford - Tel . Opening Hours - Monday to Friday 9.00 a.m. to 5.00 p.m. Saturday 9.00 a.m. to 3.00 p.m.
Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Fulmar Drive, Louth
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