3-bedroom bungalow · LN11 0TU
For saleReduced £8.1k (−2.4%) on 14 AugListed 633 days
Opportunity summary
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About
Situated in the residential village of Utterby just 3 miles from the market town of Louth is this well presented, well planned and spacious three bedroom detached bungalow.
The accommodation briefly comprises of entrance hall, lounge, kitchen, dining room, utility room, master bedroom (used as additional lounge), two additional double bedrooms, four piece suite family bathroom, cloakroom WC.
Resin driveway and integral garage. EPC rating: D. Tenure: Freehold, Entrance Hall Composite entrance door with double glazed side panel to the front elevation. Coving to the ceiling and dado rails.
Two handy storage cupboards one of which currently contains the hot water cylinder. Access to the loft space via the pull down loft hatch and loft ladder. Three radiators.
Doors leading to lounge, kitchen, all bedrooms, bathroom and cloakroom WC. Lounge 22'1" x 13'1" (6.73m x 3.99m) Dual aspect uPVC double glazed windows to the front and side elevations.
The focal point of the spacious lounge is the exposed brick open fireplace. TV aerial and telephone points. Radiator.
Kitchen 10'1" x 16'1" (3.07m x 4.9m) UPVC double glazed window to the rear elevation.
Fitted with a range of traditional shaker style wall and base units with complementary worksurfaces over incorporating a one and a half bowl stainless steel sink unit with mixer tap and drainer.
Cream brick style tiling. Built in double oven to face height and four ring Lamona induction hob with concealed extractor hood over. Plumbing for dishwasher. LED spotlights.
Double doors to the dining room and door through to the utility room. Radiator. Dining Room 11'1" x 11'0" (3.38m x 3.35m) UPVC double glazed window to the front elevation. TV aerial point. Radiator.
Utility Room 9'0" x 7'0" (2.74m x 2.13m) UPVC double glazed window and entrance door to the rear elevation.
Fitted with a range of cream base units with worksurface incorporating a single bowl stainless steel sink unit with mixer tap and drainer. Cream brick style tiling. Plumbing for washing machine.
Grant oil fired central heating boiler. Radiator. Door leading to the integral garage.
Mater Bedroom / Reception Room 18'1" x 11'1" (5.51m x 3.38m) UPVC double glazed sliding patio doors to the side elevation leading out to the garden (This room is currently used as an additional sitting room).
Telephone point. Radiator. Bedroom Two 14'0" x 10'1" (4.27m x 3.07m) UPVC double glazed window to the rear elevation. Radiator.
Bedroom Three 11'1" x 10'1" (3.38m x 3.07m) UPVC double glazed window to the rear elevation. Radiator. Family Bathroom 11'0" x 8'0" (3.35m x 2.44m) UPVC double glazed window to the front elevation.
Fitted with a modern four piece suite comprising of a enclosed shower cubicle with mains shower over, panelled bath with stainless steel mixer tap and handheld shower attachment, vanity wash hand basin with storage below, concealed cistern dual flush WC.
Attractive modern tiling to walls. Extractor fan. Chrome heated towel rail. Cloakroom WC 6'1" x 3'1" (1.85m x 0.94m) UPVC double glazed window to the rear elevation.
Fitted with a two piece suite comprising of a close coupled dual flush WC and vanity wash hand basin with storage below. Tiling to dado height. Radiator.
Outside To the front of the property is a resin driveway which leads to the garage and through the double timber gates down to the side of the property providing ample off road parking and space for a caravan/motorhome.
Predominately lawned gardens with la combination of low level hedging and timber fencing to the perimeters.
To the rear of the property is a Indian sandstone paved area which stretches the full width of the bungalow and opens to the side gardens which are laid with artificial turf and a continuation of the sandstone paving with gravelled borders.
A combination of timber fencing and high level hedging makes up the boundaries. External lighting and power points. Oil storage tank.
Garage 9'1" x 20'1" (2.77m x 6.12m) The integral garage can be accessed via either the up and over garage door to the front or through the utility room.
UPVC double glazed window to the side elevation. Light and power points. EPC Rating: D
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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About Hotspurs Holywell Lane, Louth
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