We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · LN8 5PH
Listing removedReduced £15k (−8.6%) on 21 JunListed 481 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*modern 2 bedroom mid terrace* Popular residential position. We are pleased to offer for sale this excellent terraced house.
Open Plan Lounge Kitchen Diner, WC / Cloakroom, 2 bedrooms & family bathroom. Garden to Rear & Allocated Parking. Perfect investment or first time buy EPC rating: D.
Situation The popular Market town of Wragby is situated approximately 11 miles from the Cathedral city of Lincoln, Louth approximately 14 miles and is accessed via the A158 and also giving convenient access in the directions of Market Rasen (7miles), Bardeny (5 miles) & Horncastle (10 miles).
Over time Wragby has evolved to be a stopping point en route to the coastal town of Skegness, with amenities including two public houses, a fish shop, café, supermarket, village hall, doctors surgery, newsagents and schooling and leisure facilities.
Kitchen (8.86m x 2.95m (29'1" x 9'8")) Double glazed entrance door, a range of fitted wall and base units, space and plumbing for washing machine, stainless steel sink unit, space for udner counter fridge, electric oven, 4 ring hob, splash backs, laminate flooring and double glazed window to front aspect WC (1.26m x 1.57m (4'2" x 5'2")) Low level WC, hand wash basin, tiled splash backs and laminate flooring Lounge Laminate flooring and understairs storage cupboard Dining Room Double glazed window to rear aspect, 2 'Velux' windows to rear aspect and laminate flooring Rear Hall (1.24m x 2.03m (4'1" x 6'8")) Double glazed rear entrance door, laminate flooring and stairs to first floor accommodation Landing (2.04m x 1.93m (6'8" x 6'4")) Laminate flooring, roof void access and cupboard housing hot water cylinder Bedroom 1 (4.2m x 2.58m (13'9" x 8'6")) Double glazed window to front aspect and laminate flooring Bedroom 2 (3.3m x 2.14m (10'10" x 7'0")) Double glazed window to rear aspect and laminate flooring Bathroom (2.13m x 1.93m (7'0" x 6'4")) 3 piece suite comprising low level WC, pedestal hand wash basin, panelled with with shower over, tiled splash backs, laminate flooring and heated towel rail Garden Landscaped gardens being moslty laid to lawn with raised decking, pergola and rasied flower beds Parking Ample off street parking for a number of vehicles Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Next Steps Successful buyers will be required to complete anti-money laundering checks.
Our partner, Hipla, will carry out the initial checks on our behalf. The current non-refundable cost is £24 inc. VAT per person.
You’ll need to pay this and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
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.
Area
Agent & docs
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FAQ
About Maddison Cottage, Louth Road, Wragby
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