3-bedroom detached house · LN11 7RA
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are delighted to offer for sale this characterful detached cottage, offering an abundance of potential for the right buyer and occupying an ideal position close to the local amenities, on the edge of sought after village of North Somercotes.
The cottage originally dates back to the 17th century and has been extended since, creating a spacious property with ample living space to accompany the generously sized plot.
Early viewing is certainly advised to appreciate this exciting development opportunity. Entrance Hall - 2.44m x 2.82m (8'0" x 9'3") - Wooden entrance door. Staircase to the first floor.
Reception Room - 4.83m x 5.11m (15'10" x 16'9") - Light and airy reception room with dual aspect windows. Double doors to: Sunroom - 2.41m x 5.05m (7'11" x 16'7") - Triple aspect windows.
Original Kitchen - 2.16m x 3.45m (7'1" x 11'4") - Under stairs storage cupboard.
Originally the kitchen, the current vendors had planned to turn this into a bathroom, giving the potential for turning the sitting room into an en-suite bedroom downstairs if needed.
Sitting Room - 3.73m x 4.39m (12'3" x 14'5") - Bow window. Kitchen/Diner - 6.83m x 4.29m ext to 3.20m x 3.30m (22'5" x 14'1" - Large open plan living/kitchen space. Dual aspect windows.
Wooden staircase that leads to master bedroom. Utility - 2.08m x 3.73m (6'10" x 12'3") - Door leading to the courtyard garden to the side of the property. Wc - 0.79m x 2.08m (2'7" x 6'10") - WC.
Bathroom - 1.52m x 2.08m (5'0" x 6'10") - Pantry - 1.09m x 2.08m (3'7" x 6'10") - Bedroom 1 - 6.88m x 4.37m (22'7" x 14'4") - Remarkably spacious bedroom with potential to remove staircase and create more rooms.
Bedroom 2 - 3.76m x 3.84m (12'4" x 12'7") - Spacious double bedroom.
Bedroom 3 - 2.18m x 3.51m (7'2" x 11'6") - Outside - The property further benefits from generously sized garden to the front and rear with a separate courtyard garden to the side, accessed through the back door in the utility room.
A driveway to the rear provides ample off road parking and a detached brick built garage also provides further storage/parking space.
Tenure - Freehold Council Tax Band - Local Authority - East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincolnshire, LN9 6PH Tel. No.
Website: Council Tax Band - According to the Valuation Office Agency Website the property is currently in Council Tax Band D. Viewing Arrangements - By appointment through Choice Properties on .
Opening Hours - Monday - Friday: 9am - 5pm Saturday: 9am - 3pm Making An Offer - If you are interested in making an offer on this property please have a chat with us and we will be happy to start the negotiations for you.
Under money laundering regulation we will ask you to provide us with formal photographic ID by way of either a passport or driving licence.
If you are travelling from afar we would advise bringing this documentation with you just in case this home is perfect for you.
We would also like to make you aware that we will require details of your estate agents, proof of funds should you be a cash buyer and solicitors details, as this helps us to start the transaction quickly for you.
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 Warren Road, North Somercotes, Louth
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