3-bedroom detached house · LN11 8FA
Sold STCListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately presented three bedroom detached home, built in 2018, situated on the Manby Fields development, constructed by well regarded local builders C & L Fairburn Properties.
Found on the edge of Manby, located just five miles from the market town of Louth. Originally designed as a five bedroom property, the accommodation is generously proportioned throughout.
Benefiting from underfloor heating, the majority of the ground floor is arranged open plan, providing spacious seating and dining areas, alongside a stylish fitted kitchen featuring upgraded Bosch appliances and granite worktops.
There’s a separate rear aspect lounge, utility room and cloakroom adding to the homes comfort and practicality. Upstairs, the main bedroom features a dressing room and an en suite shower room.
There are two further good sized double bedrooms and a family bathroom.
Outside, the property is approached by a driveway providing access to the detached garage, while the south facing rear garden is mainly laid to lawn with paved seating areas.
Entrance Hall - Accessed via a composite front entrance door. With a built-in storage cupboard, and laminate flooring which continues throughout the ground floor.
Living/Dining Kitchen - 8.18 x 7.27 (26'10" x 23'10") - The hub of the home, designed as a spacious open plan area ideal for modern family life and entertaining, with two sets of French doors opening onto the rear garden.
The kitchen features a large range of modern gloss units and granite worktops inset with a 1.5 undermounted sink.
Integrated Bosch appliances include a dishwasher, fridge/freezer, eye level oven and combination microwave, while an island provides additional storage, an induction hob and a pop-up extractor.
Lounge - 4.60 x 3.44 (15'1" x 11'3") - A separate lounge, with further French doors opening onto the rear garden.
Utility Room - 1.72 x 1.49 (5'7" x 4'10") - Providing further storage and space for laundry appliances. Cloakroom - 1.74 x 1.00 (5'8" x 3'3") - Fitted with a vanity hand basin, and WC.
First Floor Landing - With access to the loft via a drop down ladder (loft partially boarded and housing the gas central heating boiler). Bedroom 1 - 5.01 x 3.02 (16'5" x 9'10") - To front aspect.
Dressing Room - 2.92 x 1.91 (9'6" x 6'3") - With built-in wardrobes. En - Suite Shower Room - 2.52 x 1.80 (8'3" x 5'10") - Fitted with a large walk-in shower, vanity wash basin and WC.
Heated towel rail and illuminated wall mirror. Bedroom 2 - 4.63 x 3.35 (15'2" x 10'11") - To rear aspect. Bedroom 3 - 4.04 x 3.04 (13'3" x 9'11") - To front aspect.
Family Bathroom - 2.92 x 1.79 (9'6" x 5'10") - Featuring a freestanding oval bath, corner shower enclosure, vanity wash basin and WC. Heated towel rail and illuminated wall mirror.
Tenure - FREEHOLD Council Tax Band - D
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
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FAQ
About Gibson Way, Manby, Louth
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