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See how verdicts work3-bedroom bungalow · LN11 7HU
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three-bedroom semi-detached house is offered for sale in the coastal village of Grainthorpe, providing well-planned accommodation arranged over two floors, along with a substantial rear garden measuring approximately 36 metres in depth.
The property is neutrally decorated and includes two large reception rooms, a shaker style kitchen, utility/boot room, ground floor shower room, first floor family bathroom and generous outdoor space.
Entry is via a practical utility/boot room, ideal for daily use. This room benefits from plumbing for both a washing machine and tumble dryer, along with base units providing useful storage.
From here, a hallway leads through the ground floor.
Off the hall is bedroom three, a good-sized double bedroom which also currently houses the oil-fired central heating boiler, creating a versatile space that could suit a variety of uses, depending on requirements.
Also accessed from the ground floor hall is a recently fitted shower room, comprising of a walk-in electric shower, close coupled WC and wash hand basin, providing convenient facilities on this level.
The hall continues into a larger inner hallway with a return staircase rising to the first floor, as well as handy understairs storage.
From this area there is access to a designated study with built in desk unit and storage, the lounge and the kitchen, allowing the ground floor accommodation to flow well.
The kitchen is fitted with a range of traditional shaker-style wall and base units, offering ample storage and worktop space.
There is an electric cooker point with extractor hood over, a one and a half bowl ceramic sink unit with drainer and plumbing for a dishwasher.
A useful pantry cupboard provides additional storage for provisions. The kitchen leads directly into a large sun room which runs the full width of the property to the rear.
This room features patio doors opening onto the garden, large windows overlooking the rear aspect and two Velux windows, providing good levels of natural light and creating a pleasant space from which to enjoy views of the garden.
The lounge includes an open grate fire and patio doors leading through to the sun room, linking the main living space with the garden room and providing flexibility in how the accommodation can be used.
Together, the lounge and sun room offer two distinct reception spaces suitable for both everyday living and entertaining.
On the first floor there are two large double bedrooms, both of which are well proportioned.
The family bathroom is fitted with a three-piece suite comprising a panelled bath with electric shower over, close-coupled WC and wash hand basin.
Externally, the rear garden is a notable feature of this property, extending to approximately 36 metres in depth.
The garden is predominantly laid to lawn with mature trees and shrubs scattered throughout.
Directly to the rear of the house there is the formal garden area with a large block-paved patio, providing space for outdoor seating and dining.
Beyond this, the garden continues to a further section which has previously been used for growing vegetables.
This area benefits from three garden sheds and an additional block-paved patio area, offering scope for gardening, storage or other uses.
To the front of the property there is a driveway providing ample parking for numerous vehicles including space for a caravan or motorhome is required.
The oil storage tank is also located to the front of the property for ease of access. The house is situated on Mill Lane in Grainthorpe, a rural village in the Lincolnshire countryside.
Grainthorpe lies to the east of Louth, a traditional market town offering a range of supermarkets, independent shops, cafés and essential services, as well as regular markets and schooling options.
The wider area is known for its open landscapes, farmland and network of quiet country lanes, suitable for walking and cycling.
Nearby points of interest include the Lincolnshire coast, with seaside towns such as Mablethorpe and Sutton-on-Sea reachable by car for access to beaches and coastal walks.
Louth itself provides leisure facilities, eateries and further amenities. The neighbouring village of North Somercotes is just a short drive away.
North Somercotes village boasts shops, nursey, primary and secondary schools, two pubs and a doctors to name just a few of the amenities on offer.
EPC Rating: F Disclaimer We endeavour to ensure that our sales particulars are accurate and reliable; however, they do not constitute or form part of an offer or contract and should not be relied upon as statements or representations of fact.
Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the information provided.
Material Information relating to this property has been collected from our clients and, to the best of our knowledge and belief, is accurate at the time of publication.
Should any prospective purchaser require clarification or confirmation of any Material Information, we encourage them to contact us and we will make every effort to verify the details.
Any services, systems and appliances referred to within these particulars have not been tested by us, and no warranty or guarantee is given as to their condition, operating ability or efficiency.
All measurements are provided as a guide only and should not be relied upon as precise.
If you require further information or clarification on any aspect of the property, particularly before travelling a significant distance to view, please contact us.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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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About Alaine Mill Lane, Louth
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