3-bedroom house · LN11 8QG
For saleReduced £5k (−2.8%) on 29 JulListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts are pleased to be able to present to the market this attractively and well presented three bedroom end mews property, which is offered for sale with no forward chain on the vendors side.
Creating an ideal purchase for a variety of buyers from the first time through to the investor client, the property benefits from gas central heating, uPVC double glazing and two allocated parking spaces to the rear.
This lovely home briefly comprises entrance hallway, lounge/diner, kitchen, landing, three bedrooms and a bathroom. Open plan frontage and pleasant rear garden. Viewing is advised.
Entrance Hallway (10' 8'' x 6' 10'' (3.261m x 2.087m)) With composite entry door and window to the front elevation. Central heating radiator. Staircase to the first floor.
Lounge/Diner (22' 8'' x 9' 7'' (6.921m x 2.932m)) Attractively presented in neutral shades, the lounge diner offers uPVC double glazed windows to the front and rear patio door with glazed adjoining panel offering a dual aspect view.
Coving to the ceiling. Laminate flooring. Two central heating radiators. Open archway through to the kitchen.
Kitchen (11' 8'' x 6' 10'' (3.555m x 2.0887m)) The kitchen offers a uPVC double glazed window to the rear elevation and is fitted with a range of wall and base units with contrasting work surfacing with inset one and a half sink and drainer.
Integrated oven and four ring gas hob with chimney extractor over. Splashback tiling. Storage beneath the stairs. First Floor Landing Loft access top the ceiling.
Storage cupboard housing the gas boiler. Bedroom One (12' 1'' x 9' 9'' (3.685m x 2.961m)) UPVC double glazed window to the front elevation. Central heating radiator. Laminate flooring.
Bedroom Two (10' 5'' x 9' 8'' (3.163m x 2.956m)) UPVC double glazed window to the rear elevation. Laminate flooring. Central heating radiator.
Bedroom Three (5' 3'' minimum x 7' 0'' (1.590m x 2.127m)) UPVC double glazed window to the front elevation. Central heating radiator.
Bathroom (6' 4'' x 7' 0'' (1.937m x 2.128m)) UPVC double glazed window to the rear elevation and being fitted with a pedestal wash hand basin, low level w.c and a panelled bath with screen and shower over.
Chrome effect central heating radiator. Splashback tiling.
Outside The property boasts gardens to the front and rear elevations, with the rear garden having patio area, artificial grass, garden shed and rear gated access out to the parking area.
There are two designated parking areas for the property.
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 32, Alexander Drive, Louth
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