3-bedroom house · LN11 8GR
Sold STCReduced £20k (−8.2%) on 21 JunListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in 2024 and offered to the market with no forward chain, this modern detached home on Field Drive in Louth provides well-presented accommodation ideal for a range of buyers seeking a move-in ready property.
The ground floor layout is designed for practical, modern living. To the front of the property is a bright and spacious kitchen–diner, offering ample room for both cooking and family dining.
The generous lounge is positioned to the rear, providing a comfortable living space with views over and access to the enclosed rear garden.
A convenient ground floor WC completes the downstairs accommodation. To the first floor are three well-proportioned bedrooms.
The main bedroom benefits from its own en-suite shower room, while the remaining bedrooms are served by a modern family bathroom, creating a well-balanced layout suited to families, couples, or those needing additional workspace.
Externally, the property offers further appeal. To the front is a driveway providing off-road parking for two vehicles.
The enclosed rear garden offers a private and secure outdoor space, ideal for relaxing, entertaining, or family use.
This attractive and energy-efficient home combines modern construction with a practical layout, making it a fantastic opportunity for buyers looking for a straightforward purchase in a popular Louth location.
Entrance Hall Entering the property reveals a radiator and vinyl flooring. WC (5' 8'' x 2' 11'' (1.73m x 0.89m)) With an opaque window to the front elevation, vinyl flooring, a WC and basin.
Kitchen/Diner (15' 7'' x 9' 6'' (4.75m x 2.89m)) The kitchen-diner has a window to the front elevation, a radiator and vinyl flooring.
There is also a modern range of fitted units with a sink and drainer, plumbing for a washing machine and dish washer, an electric oven and gas hob with an extractor over.
Lounge (11' 11'' x 16' 8'' (3.63m max x 5.08m max)) The lounge has a window and French doors to the rear elevation, a radiator and vinyl flooring. There is also access to the under stairs cupboard.
First Floor Landing The first floor landing has access to the loft and a carpeted floor.
Bedroom One (15' 10'' x 9' 4'' (4.83m max x 2.84m max)) Bedroom one has a window to the rear elevation, a radiator and a carpeted floor.
En-Suite (7' 5'' x 4' 10'' (2.27m x 1.48m)) The en-suite has a radiator and vinyl flooring. There is also a WC, basin and a shower cubicle with a mains shower.
Bedroom Two (11' 11'' x 7' 0'' (3.64m x 2.14m)) Bedroom two has a window to the rear elevation, a radiator and a carpeted floor.
Bedroom Three (11' 8'' x 9' 4'' (3.56m max x 2.84m max)) Bedroom three has a window to the front elevation, a radiator and a carpeted floor.
Bathroom (5' 8'' x 7' 1'' (1.73m x 2.15m)) The bathroom has an opaque window to the front elevation, a radiator and vinyl flooring. There is also a WC, basin and a bath.
Outside With off road parking for two vehicles to the front. The rear garden is enclosed by perimeter fencing with a gate to a side passage and reveals a lawn and patio area.
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.
Area
Agent & docs
FAQ
About 20, Field Drive, Louth
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