2-bedroom house · LN11 9DR
For saleReduced £2.5k (−2%) on 19 SepListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no forward chain, this attractive two-bedroom mid-terrace home on the ever-popular Mount Pleasant in Louth presents an excellent opportunity for first-time buyers, downsizers or investors looking to put their own stamp on a well-proportioned property.
Requiring a little updating, the home offers plenty of potential to create a comfortable and stylish residence in a sought-after location.
Entering directly into the spacious lounge, buyers are welcomed into a bright and comfortable reception room, ideal for relaxing at the end of the day.
Beyond the lounge is a separate dining room, providing an excellent space for family meals or entertaining guests.
The kitchen is situated to the rear of the property, offering a practical layout with plenty of potential to be updated and personalised.
Leading off the kitchen is a useful utility room, providing additional storage and laundry space while also giving access to the rear garden.
To the first floor are two well-proportioned bedrooms, both offering comfortable accommodation, together with a family bathroom. Outside, the property benefits from gardens to both the front and rear.
The front garden creates an attractive first impression, while the enclosed rear garden provides a pleasant outdoor space with excellent potential for landscaping or creating a private seating area.
Situated within easy reach of Louth's thriving town centre, the property enjoys convenient access to a wide range of independent shops, supermarkets, cafés, restaurants and leisure facilities, along with well-regarded schools and excellent transport links.
Combining generous living accommodation, outdoor space and the opportunity to modernise to individual tastes, this is a fantastic chance to acquire a home in one of Lincolnshire's most desirable market towns.
Early viewing is highly recommended. Living Room (11' 4'' x 10' 5'' (3.46m x 3.17m)) Entering the property reveals a window and door to the front elevation, a radiator and a carpeted floor.
There is also a feature fire place. Dining Room (11' 4'' x 10' 6'' (3.46m x 3.19m)) The dining room has a window to the rear elevation, a radiator and a carpeted floor.
There is also access to the under stairs cupboard.
Kitchen (14' 2'' x 5' 11'' (4.31m x 1.80m)) The kitchen has a window and door to the side elevation, a radiator and a range of fitted units with a sink and drainer, plumbing for a dish washer and an electric oven and gas hob over.
Utility Room (5' 11'' x 3' 7'' (1.80m x 1.09m)) With a window to the rear elevation and plumbing for a washing machine.
Bedroom 1 (11' 4'' x 10' 5'' (3.45m x 3.17m)) Bedroom one has a window to the front elevation, a radiator and a carpeted floor.
Bedroom 2 (10' 3'' x 6' 7'' (3.12m x 2.01m)) Bedroom two has a window to the rear elevation, a radiator and a carpeted floor.
Bathroom (7' 8'' x 4' 5'' (2.34m x 1.34m)) The bathroom has an opaque window to the rear elevation, a heated towel rail and tiled walls.
There is also a modern suite with a WC, vanity basin and a bath. Outside With gardens to the front and rear. The rear providing access to the property.
To the rear of the property is a small concrete courtyard area for bin storage and an outside tap. As you head down the garden you reach a patio area with slate chips and flower boarder.
You then find an area laid to lawn with gravel and a timber shed. Agent Notes We have been advised that there is a right of way access for neighbouring properties through the garden.
Value & comps
No previous sales on record.
Returns
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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 28, Mount Pleasant, Louth
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