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See how verdicts workProperty · LN11 9JN
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to purchase this range of garages situated in the centre of the market town of Louth. Up to 6 garages in 2 buildings.
One of the buildings is single storey and the other is a 2 storey property with a central yard.
The property has a site area of 0.037 acres (0.015 ha) Location An excellent opportunity to purchase this range of garages and barn located in the centre of the market town of Louth ACCOMMODATION The property comprises a range of garages within a terrace.
Up to six garages. 3 in a single storey terrace and 3 in a 2 storey barn with central yard.
The property has a site area of 0.037 acres (0.015 ha) PLANNING The property has established use as single garages SERVICES All services are connected to the adjacent properties TENURE The property is offered for sale, freehold with vacant possession RATEABLE VALUE The property is not listed CEPC Not applicable LEGAL COSTS Each party are responsible for their legal costs VAT The price is exclusive of VAT if applicable LOCAL AUTHORITY Contact East Lindsey District CouncilThe Hub Mareham RoadHorncastle Lincolnshire LN9 6PHTel VIEWINGS Contact Pygott & Crone Commercial Tel
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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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 70 Upgate, Louth, LN11
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