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See how verdicts work4-bedroom house · LN11 7RL
For saleReduced £25k (−7.1%) on 26 OctListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Choice Properties are delighted to bring to the market this newly refurbished four bedroom detached cottage situated on Pump Lane located in the peaceful coastal village of Saltfleet.
The property boasts all of its authentic charm with beamed ceilings and large fireplaces whilst benefiting from modernisations that make the property suitable for 21st century living.
The property features large internal rooms comprising of a living room, dining room, kitchen, shower / utility room, family bathroom, and four bedrooms.
To the exterior, the property is home to multiple outbuildings and a beautifully presented garden. Early Viewing Is Highly Advised. Entrance Hall - 1.14m x 1.40m (3'9 x 4'7) - With uPVC entrance door.
Internal doors to living room and dining room. Fitted storage cupboard.
Living Room - 6.68m x 4.24m (21'11 x 13'11) - Spacious living room with impressive fireplace with brick hearth fitted with a log burner. Large uPVC window to front aspect.
uPVC French doors leading to patio. Beamed ceilings. Radiator. Power points. Tv aerial point.
Dining Room - 3.38m x 4.24m (11'1 x 13'11) - Fitted with an open fireplace with tiled hearth and brick surround. Space for dining room table. Staircase to first floor landing.
Storage recess under stairs. Beamed ceilings. Radiator. Power points. uPVC window to front aspect. Internal door leading to kitchen.
Kitchen - 5.79m x 2.95m (19'0 x 9'8) - Fitted with a range of wall, base, and drawer units with work surfaces over. One and a half bowl stainless steel sink with mixer tap and drainer.
Space for large range cooker with extractor hood over. Storage recess with hardwood lintel where former Aga was situated. Part tiled walls. Spot lighting. Two newly installed uPVC windows.
Power points. External uPVC door leading to rear garden. Internal door leading to utility/shower room.
Shower Room/Utility Room - 1.45m x 2.97m (4'9 x 9'9) - Fitted with a fully waterproof panelled shower cubicle with rainfall and traditional shower attachment and a low level wc. Tiled flooring.
'Ideal' gas combi boiler (fired by LPG). Work surfaces. Plumbing for washing machine. Space for dryer. uPVC window to side aspect.
Landing - 4.17m x 1.70m (13'8 x 5'7) - With internal doors to all first floor rooms. Power points. Radiator. Access to loft via loft hatch.
Bedroom 1 - 3.66m x 4.24m (12'0 x 13'11) - Double bedroom with large uPVC window to rear aspect. Radiator. Power points. Hardwood flooring.
Bedroom 2 - 4.34m x 2.90m (14'3 x 9'6) - Double bedroom with two uPVC windows to rear aspect. Radiator. Power points. Tv aerial point.
Bedroom 3 - 3.43m x 3.33m (11'3 x 10'11) - Double bedroom with large built in storage cupboard used as a fitted wardrobe.
Bedroom 4/Office - 3.68m x 2.49m (12'1 x 8'2) - Small double bedroom with uPVC window to front aspect. Radiator. Power points.
Bathroom - 2.87m x 2.87m (9'5 x 9'5) - Fitted with a three piece suite comprising of a timber panelled double ended bath with mixer tap and shower attachment, a push flush wc, and a wash hand basin set over vanity unit with chrome mixer tap.
Frosted uPVC window to rear aspect. Radiator. Part tiled walls. Extractor. Gardens - The property boasts fully enclosed immaculately presented gardens to the rear.
The garden is predominantly laid to lawn but does feature two patio areas ideal for outdoor seating and entertaining guests.
The garden is south facing so enjoys the benefit of having the sun all day long.
The rear garden further benefits from a variety of plants, trees, and shrubs all of which add life and colour to the garden space.
Outbuildings - The property features a variety of outbuildings found in the rear garden.
These include two brick built outdoor storage spaces with new roofs recently installed and a large timber built summer house fitted with power and lighting. 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 - B.
Viewing Arrangements - Viewing by Appointment through Choice Properties, Louth. Tel Opening Hours - Monday to Friday 9.00 a.m. to 5.00 p.m. Saturday 9.00 a.m. to 3.00 p.m.
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
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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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
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FAQ
About Pump Lane, Saltfleet, Louth
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